IDENTIFYING NIFTY TWISTS & TURNS THROUGH TECHNICAL ANALYSIS
Monday, December 22, 2008
UPWARD CHANNEL
Nifty continues to move in a upward channel towards rsistance of NS 3148. Friday saw some profit taking in last fifteen minutes of trade. Today's resistance is NF 3105-3127 and support at NF 3060-3038. Weakness below NS 3025 for 2974
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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