IDENTIFYING NIFTY TWISTS & TURNS THROUGH TECHNICAL ANALYSIS
Wednesday, February 4, 2009
SEARCHING FOR DIRECTION
Volatility at its peak making it difficult for traders. Today NF has to trade over 2775 for resistance at 2788-2811-2844 with support at 2741-2718. Market has spent lot of time in this zone and break out either side should be traded carefully.
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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