Google+ VIEWS FOR 05-06-2009 ~ NIFTY DEMYSTIFIED

Friday, June 5, 2009

VIEWS FOR 05-06-2009



This is pic I posted 3 days back depicting overhead targets/resistances @ 4638/4648. Now look at this....


So EOD (positional) & short term targets/resistances are around 4638/48 and 4747/52 levels.
Sustaining above 4566-4575 can show higher levels. It will target 4613-4638/48 (important). And if that is crossed 4690 and 4747/50 will be on the cards.


Support for the 4568/62. Below that it will target 4535/27 and 4515. Breaking 4510 decisively will not augur well.

Supports: 4568/62...below that 4535 and 4315 can come.
Resistances: 4613-4638/48 (Critical zone)
(All future levels)
Happy trading all!
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