IDENTIFYING NIFTY TWISTS & TURNS THROUGH TECHNICAL ANALYSIS
Wednesday, August 26, 2009
SUPPLY ZONE
Nifty again entering the tough resistance zone .... volatility expected around this zone. Today's pivot and balancing level between Bulls and Bears is NF 4634-4642 with strength over NF 4652 and weakness below 4606. Resistance around NF 4692-4716.
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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