Tuesday, December 15, 2009

Nifty:Double Top

Nifty confirmed the double top formation by closing below5052, now it could target 4925-4935 level but nifty has a trendline support at 5000 (chart below).

1 comment:

  1. Dear Renu,
    Nifty got support perfectly on trend line at 5001 as you mentioned. You are on spot! Good work. What is the upper target range now. Where Could it find resistance now?