last week we posted...possibility of extremely volatile trades in range of 5400 5700 in coming week http://www.dhanvarsha.in/2012/02/nifty-out-look-week-ending-24-feb-12.html
and Nifty traded in range between 5405 >< 5630 ..
now 5430 is crucial at spot ...
stay short below 5420 for target of 5330 5200 ..keep sl of 5455
closing above 5450 will take it to 5580 5645 ...keep sl of 5420
<<5200<<5330 <<<5420 >><<<5455>>>5580>>>5645 >>
current mood ...bearish
daily chart
and Nifty traded in range between 5405 >< 5630 ..
now 5430 is crucial at spot ...
stay short below 5420 for target of 5330 5200 ..keep sl of 5455
closing above 5450 will take it to 5580 5645 ...keep sl of 5420
<<5200<<5330 <<<5420 >><<<5455>>>5580>>>5645 >>
current mood ...bearish
daily chart
