IDENTIFYING NIFTY TWISTS & TURNS THROUGH TECHNICAL ANALYSIS
Tuesday, November 17, 2009
RANGE BOUND ACTION
Walls of Fear again setting at these level with strong resistance of Diwali Muharat day's low.... May like to consolidate between 4860 and 5100. Today's pivot is 5057-5067 with resistance at 5088-5109.. support in the zone of 5035-5015.
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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