Tuesday, October 27, 2009

Nifty



Today Nifty gave a breakdown from broadening formation whose target comes at 4746 but Nifty has a strong support @ 4794 (chart below).


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2 comments:

  1. UnknownOctober 28, 2009 at 8:11 PM

    Next support for nifty is 4790. What will be the next major support and what be the trend now?

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  2. RenuOctober 29, 2009 at 9:03 AM

    Hi Mehul,

    next very strong support comes at 4538-4550,trend looks to be down but we could see a bounce back in 1-2 days as market seems to be oversold.

    Renu

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