Long with 5700 as SL for target 5834
Showing posts with label Nifty Pre-market analysis. Show all posts
Showing posts with label Nifty Pre-market analysis. Show all posts
Wednesday, April 20, 2011
Tuesday, March 22, 2011
Nifty pre-market
Is short term down trend over?
Yes, it is getting over based on weekly chart, and today is the day where it be decided.
Intraday support @ 5359 and weekly support @ 5347, which as per me strong support area (5359-5347-5345), Intraday traders can go long by keeping this area as SL.
Now target, yesterday Nifty tried to cross 5424 multiple times and failed, once this is crossed it will move faster to 5469.
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