December 10, 2010

  • NF is unable to cross this 5860 level.
  • Bigger up moves will be possible only if NF crosses this level and close above it
  • Nifty Futures gave long entry's above 5789 and 5803.
  • Yesterday's Break down area of 5860 is acting as resistance.
  • Sustaining Above 5860 NF may go to 5892 level


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"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore