Tuesday, November 11, 2008

IS IT CONSOLIDATION OR DISTRIBUTION ??

Volumes missing on UP DAY is the point of worry for Bulls. Range remains 3240-2860 with 5DMA & 20DMA converging at NS 3030 will provide the fighting point for Bulls & Bears . For Today, the pivot is NF 3120 with resistance at NF 3210 and support at NF 3072-3030. DOW and Asia being negative will have impact on our market.

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