IDENTIFYING NIFTY TWISTS & TURNS THROUGH TECHNICAL ANALYSIS
Monday, December 29, 2008
DOWN TREND
Nifty breaking supports and now the next support lies in range 2835-2750 . As long as nifty holds these level Bulls will still have some hope. For today, the pivot is NF 2900 with support at NF 2835-2803 and resistance at NF 2932.
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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