Google+ VIEW FOR 05-08-2009 ~ NIFTY DEMYSTIFIED

Wednesday, August 5, 2009

VIEW FOR 05-08-2009




Supports: 4655/50 is intermediate support for the day, below that 4610/14 zone is crucial one. Breaking that Nifty can move towards 4570-4550, where lies another important support. From the closing chart posted above 4580 zone is very crucial (EoD level).
Resistances: 4709/15 is big time crucial for nifty. a convincing break above 4715 can show newer highs on nifty. Further targets nifty will be 4750-4765/77-4802 and much higher positionally :).
Bookmark and Share

0 comments:

Post a Comment