Sunday, January 3, 2010

Nifty

Nifty Monthly Chart

Nifty managed to give a breakout from range it was stuck in for last three months but breakout was on low volumes .

Nifty Weekly Chart

On weekly chart also nifty managed to give a breakout from ascending triangle but again as the breakout was on thin volumes one should be cautiously long.

Nifty Daily Chart


Support and resistance for nifty for 04/01/10 are shown on the chart.

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