IDENTIFYING NIFTY TWISTS & TURNS THROUGH TECHNICAL ANALYSIS
Wednesday, September 30, 2009
DIRECTIONLESS
Market waiting for some cue as yesterday saw gap up opening and then consolidation with positive bias by holding with RIL & ONGC . Today's pivot is NF 5000 with resistance at 5016-5042 and support at 4986-4976... Break of 4960 will lead to testing of 4931.
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.
No comments:
Post a Comment