February 10, 2011

Nifty about to complete a cycle

  • If nifty takes support some where near the current levels the 4800 level will take time to reach. So traders are suggested to consider the immediate support and resistance before taking a position.
  • RCOM DESCENDING TRIANGLE UPDATED

1 comment:

  1. San,

    Do you think SBI has bottomed out for the time being? In one of your other posts you had mentioned that below 2540 SBI will break down.

    I am still holding 2600 PE for this expiry so your advice will be very much appreciated.

    Thanks,

    Ajay

    ReplyDelete