September 9, 2010

Nifty daily chart analysis

  • The breakout in nifty's weekly line chart is still intact.
  • Only if nifty comes below 5530 the breakout will be in trouble.
  • As long as nifty maintains above 5530 - 5550 Bulls does not have any problems.
  • Yesterday's price action shows indecision. As if market is waiting for something to happen. We can expect good movement in either direction in one or two day's.

3 comments:

  1. Hello friends

    EID mubarak to all my muslim friends over here

    EID GIFT FROM MY SIDE

    EID SONGS POSTED ON MY BLOG

    http://stock2gains.blogspot.com/2010/09/10000-carrying-on.html

    CHAAND RAAT MUBARAK

    EID MUBARAK

    ReplyDelete
  2. This comment has been removed by the author.

    ReplyDelete
  3. This is my personal & hand tied request2u2 dont miss this thought provoking post. This post is about our responsibilities/duties to the society we live in. I hope this article inspires not only u but also the people around u OR the people whom u forward this article, to start thinking positively in the same regards

    http://stock2gains.blogspot.com/2010/09/festival-season-our-social-duties.html

    OM SAI RAM

    ReplyDelete