we predicted Nifty spot will trade 4700 to 4770 but it traded 4730 to 4779
http://dhanvarshagrp.blogspot.com/2012/01/nifty-spot-may-trade-in-range-of-4700.html
now
Spot Nifty 5 minute chart indicating indecision.kissing of 4700 today would have been gud for bears, but now will see more tug of war tomorrow ...
please post your views at comments if you are having any clue regarding Nifty ...
remained in positive territory whole day ..
http://dhanvarshagrp.blogspot.com/2012/01/nifty-spot-may-trade-in-range-of-4700.html
now
Spot Nifty 5 minute chart indicating indecision.kissing of 4700 today would have been gud for bears, but now will see more tug of war tomorrow ...
please post your views at comments if you are having any clue regarding Nifty ...
looks like we will be revisiting the recent lows ...world markets are limping....Nifty is doing the wedge should touch the lower support lines in next 2 weeks.....
ReplyDeleteNifty resisted in 4730-4750 area & took support very well . Nothing changed by today's move, only good thing is that now its easy for bulls to carry on. Consolidation was on between 4730-4785 so strength above 4785 & above 4825 fireworks may start, below 4675 bears may come back on Dalal street. 4725-4675 is a strong buy area.
ReplyDelete