IDENTIFYING NIFTY TWISTS & TURNS THROUGH TECHNICAL ANALYSIS
Tuesday, November 24, 2009
FLAT MOVE
Yesterday's move showed profit taking in many stocks with RIL holding the market. Today's pivot is 5096 with resistance at 5115 and 5132 and support around 5072-5052. NF should hold 5020 for any upmove.
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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