11/27/2009

NIFTY - 27th November 2009

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

As mentioned two days back, if NIFTY resisted by major channel around 5120 level then VERTICAL FALL not ruled out. Yesterday is just a start in the downfall. Now 4875-4826-4805 gates are open.

Yesterday mentioned, if NIFTY breaks 5052 then non- stop slide till 5005-4988-4960 (NIFTY hits4986)

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

BELOW 4993 NIFTY WILL KISS 4875(minor support). IF 4875 breaks non-stop slide till4826-4805.

"SELL ON EVERY RISE" (ABOVE 5140 DON'T HOLD ANY SHORTS)

NEO-PLATONIC SUPPORT@ 4960 & 4913

NIFTY RANGE is 4400-5100

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

TODAY SELL NIFTY AROUND 5077-5041 FOR A TARGET1-5005, TARGET2- 4960 keep SL-5090

TODAY BUY NIFTY AROUND 4930-4970 FOR A TARGET1-5005, TARGET2- 5060 keep SL-4910

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

NIFTY VERTICAL SYNTHETIC RETRACEMENT - LONG-TERM

NIFTY VERTICAL SYNTHETIC RETRACEMENT(since 2003)

NIFTY TREND CHART

NIFTY PIVOT TABLE

No comments:

Post a Comment

DISCLAIMER

All the content mentioned in this blog is my personal journal and should not be taken as a trading advice. Please use the content purely for learning purposes. I may or may not be holding any positions in the stocks/contracts under discussion. I will not be responsible for your profits or losses