April 26, 2011

Nifty Intraday Update

  • Nifty Hour chart is shown with Fib level for the rise from 5693 to 5913 level.
  • Nifty Broke 50% and took support above 61.8%. More downside move can be seen if Golden ratio is broken.
  • Moving passed 5830 may take nifty to the broken range that is near 5857 level were it will find resistance .

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