IDENTIFYING NIFTY TWISTS & TURNS THROUGH TECHNICAL ANALYSIS
Wednesday, December 2, 2009
BREAKOUT
Nifty gave a break out yesterday in early hours of trade by trading over 5061-68... with 1st monthly resistance in range of NF 5197-5269. Today's pivot is NF 5105 with resistance 5156-5182 and support 5082-5072.
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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