Google+ VIEW FOR 20-08-2009 ~ NIFTY DEMYSTIFIED

Thursday, August 20, 2009

VIEW FOR 20-08-2009




Supports: considering a little more higher time frame from the above charts Nifty no doubt in a corrective mode, but as it shows signs of impulse nature, it can offer some more upside on intra day basis if 4383/80 level holds. Below that 4364-4340/30 can show up again, make it poised once again for 4262/59-4209 zone.
Resistances: 4415 hold the key, sustaining above that and breaking 4425 can show up 4450/55-4489-4500/03*** for the day.

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2 comments:

  1. Hi Satyam,

    Your new template is looking great.

    Doji

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  2. hii Doji, thanx for the comment,page was getting full of widgets and plugi, so thought of reducing some and few coding update for traffic improvements. Lets see how it goes. Anyway. Thanx and congrats for your RIL views.

    ReplyDelete