IDENTIFYING NIFTY TWISTS & TURNS THROUGH TECHNICAL ANALYSIS
Friday, November 13, 2009
STRONG RESISTANCE ZONE
Only close over NS 5060 will turn the short term trend.. Today's pivot is NF 4968 with resistance around 4996-5024 and support in the range 4942-4914. Range for next few days is 4980-4939-4874-4840. Bullish over 4980 and bearish below 4840.
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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