24/04/2012

Nifty Mp 14 24/04/2012

 

Bn Mp 15 24/04/2012

 

The action seems to be building up in the May futures.

 

We will shift to analysis of the May futures from tom.

 

Today's charts show supports in the lower regions of where the NF and the BN traded.

 

The Composite POC at 5216 and the daily POC at 5230 will be resisting attempts at any upmoves.

 

5266 was the pull back high of the afternoon session and the seller will prevent prices from going above it in the next few sessions.