September 21, 2011

NIFTY Resistance levels

  • Nifty if breaks out above the resistance line shown in first chart will meet 50 Day moving average. 50% Fibonacci levels and the gap which starts @ 5230 level. And if it manages to continue through these resistance levels it will be a strong move.
  • Breaking the support line of this pattern will act as a continuation of the larger trend.
  • GOLD SUPPORT AND RESISTANCE LEVELS
  • S&P 500 ANALYSIS AFTER CLOSING BELL

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