Nifty EOD 15 June 12 is showing that Nifty spot is trading above multiple supports
Formation of rising wedge is clearly visible.
1 candle stick reversal was failed ( Doji at top then red close )
Only negative news will bring nifty down below 5100-5070 otherwise it will move towards 5350 5400 as predicted on 27 May .
http://www.dhanvarsha.in/2012/05/expecting-that-nifty-will-trade-at.html
Nifty range for week ending 23 June 12 .
Nifty will trade in the range of 5100 +/- 200 points for next week .
weekly Nifty chart is showing many possibilities try to spot them and post ur views at comments
or mail to kailash123p@yahoo.co.in
and get our view in reply we have already marked on chart .
3 yeaars weekly chart is indicating that it can move either side but 3 to 4 % move can not be ruled out from here
Formation of rising wedge is clearly visible.
1 candle stick reversal was failed ( Doji at top then red close )
Only negative news will bring nifty down below 5100-5070 otherwise it will move towards 5350 5400 as predicted on 27 May .
http://www.dhanvarsha.in/2012/05/expecting-that-nifty-will-trade-at.html
Nifty will trade in the range of 5100 +/- 200 points for next week .
weekly Nifty chart is showing many possibilities try to spot them and post ur views at comments
or mail to kailash123p@yahoo.co.in
and get our view in reply we have already marked on chart .
3 yeaars weekly chart is indicating that it can move either side but 3 to 4 % move can not be ruled out from here
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