Nifty Heikin Ashi candle chart for 04-10-2012

Daily cahrt:
Daily open and stay above - 5713.24 for bullishness
Moving below -  5713.24 indicate weakness in the market.

Hourly chart:
Hourly strength is open and staying above  - 5729.03
Weakness will come in with the move below - 5729.03

Nifty Heikin Ashi candle chart for 03-10-2012

Daily chart:
If the market opens and moves below 5697 then the candle may turn red indicating weakness in the market. Even if the market opens above this point, it has to remain above this for the candle to remain hollow.

Hourly chart:
If the market opens and remains above 5715.85 then the hourly candles may remain hollow indicating the strength in the market. If it moves below, it will indicate the weakness.

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