IDENTIFYING NIFTY TWISTS & TURNS THROUGH TECHNICAL ANALYSIS
Thursday, May 28, 2009
EXPIRY DAY
Expiry day of settlement is likely to bring volatility. For today, NF 4252-4262 will act as a pendulum mean point for the market to swing either way. Support lies around 4222-4229 where the shorts were covered yesterday. No buy below NF 4208.
I entered the fascinating world of stock market a few years back and have been chasing Nifty since then. Realizing that the market has specific foot prints ,ventured into the world of Technical Analysis. I would like to share here with all visitors what I have picked up so far and would learn in the future as markets are the biggest teachers.
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