08/02/2013 Trading View
Nifty made a high of 5978 low of 5927 and closed at 5938 which is 20 points down from previous close.
Nifty comes to the crucial stage make or break situation.
It comes to the trend line support formed from the low of 4770 which provided support for the past 3 times.
We have to see whether it will provide support again . But other Indices are suggesting that it will break the trend line.
The resistance comes at 5950 , 6000 . On going below 5900 it will go towards 5840.
Any rise up to 6000 can be considered shorting.
Nifty made a high of 5978 low of 5927 and closed at 5938 which is 20 points down from previous close.
Nifty comes to the crucial stage make or break situation.
It comes to the trend line support formed from the low of 4770 which provided support for the past 3 times.
We have to see whether it will provide support again . But other Indices are suggesting that it will break the trend line.
The resistance comes at 5950 , 6000 . On going below 5900 it will go towards 5840.
Any rise up to 6000 can be considered shorting.
No comments:
Post a Comment