Google+ NIFTY CONTINUES THE FALL,SOME MORE DOWNLEG POSSIBLE. VIEW FOR 16-06-2009 ~ NIFTY DEMYSTIFIED

Monday, June 15, 2009

NIFTY CONTINUES THE FALL,SOME MORE DOWNLEG POSSIBLE. VIEW FOR 16-06-2009

Posted by SATYAM Posted on 11:38 PM 3 comments


So for the coming session,

Supports: Below 4480, Nifty will be weaker and target 4437-30level, which can be crucial, breaking that will bring further weakness up to 4385 and 4330-25, Which will be a trend decider for intermediate term movements.
Resistances: Holding 4430-37 zone it can easily bounce up to 4480-4503 odd levels, sustaining that will touch 4522 and 4546. Volatile can be the day. trade safely.
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3 comments:

  1. DojiJune 16, 2009 at 9:33 PM

    Nice to see you on Amibroker, cheers :)

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  2. SATYAMJune 16, 2009 at 10:16 PM

    This comment has been removed by the author.

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  3. SATYAMJune 16, 2009 at 10:32 PM

    Thanks to you doji, Ami is no doubt the best charting tool around, but as i started off with meta , just couldnt get the feel of meta bcoz of bar color in ami, now your bar color afl is on and my ami is on too.

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