Sunday 18 August 2013

Support of Nifty

As I have mentioned in my last post, Nifty will not go below the trend line showing in chart. as this trend line is supporting nifty since 2008, but if this trend line broke and nifty will remain below this line for three four days than it will create a big problem. if we go through the chart of Bank Nifty, we found the same trend line there.

Your comments and suggestion are invited.
 

1 comment:

  1. NIFTY TIPS FOR TODAY

    NIFTY SPOT TREND- BEARISH
    RES1:6050 RES2:6125
    SUPP1:5930 SUPP2:5840
    STRATEGY- SELL ON HIGH

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