Wednesday, October 28, 2009

RECOVERY FROM OVERSOLD

50DMA around 4825 should act as support as we are reaching oversold levels in hourly charts. Pivot and major resistance is NF 4884 and support 4807-4773. Tomorrow being settlement day, we may see short covering rally. UPmove possible only over 4930.
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)