Thursday, October 29, 2009

Update On Broadening Formation


Target Reached for broadening formation given in this post.
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4 comments:

  1. SujathaOctober 29, 2009 at 11:01 AM

    oops... what next mam, as this has a support?

    If any technical recovery is possible, then what will be the level approximately?

    Thanks in advance.

    Regards

    ReplyDelete
  2. RenuOctober 29, 2009 at 11:37 AM

    Hi sujatha,

    according to me recovery would be limited to 4825 ,as nifty is moving in downward moving channel and this is comes at upper trendline ,if nifty is able to cross this level then i think it could do 4865.

    Renu

    ReplyDelete
  3. SujathaOctober 29, 2009 at 11:50 AM

    Thank u very much for your reply.

    Rangebound killing the time, today also action in afternoon session?

    Regards

    ReplyDelete
  4. RenuOctober 29, 2009 at 12:16 PM

    Hi sujatha,

    today being expiry day ,the movement is quite unpredictable but i think it would be a lackluster day today.

    renu

    ReplyDelete

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