SUMMER SEASON HAS STARTED & BIRDS ARE HUNTING FOR WATER,

KINDLY ARRANGE TO PUT EARTHERN POTS AT UR BALCONY/TERRACE WITH FRESH WATER DAILY

Invite your Friends & Earn Referral Income!

Sunday, January 20, 2013

NIFTY POSITIONAL TARGET NEAR 6500NS LEVELS TILL MARCH END

another chart of ns which is indicating that ns is trading in an expanding triangle pattern and thus indicating  bullishness for new all time highs till ns does not break below 5850 decisively(this support levels may move up towards 5900 by1st week of february

charts are showing channels (pink and purple lines)within a bearish WW pattern(trgts near 5900-5920 near 8th  february)) which is also T/L support of expanding triangle pattern in blue lines

red lines which has lend support previously will give resistance to nifty upmove

6160-6189 is big resistance range

  nifty may move very swiftly after retest near 5900 levels towards 6300-6500 range

No comments:

Post a Comment