Google+ NIFTY INTRADAY VIEW FOR 01-28-2011 ~ NIFTY DEMYSTIFIED

Thursday, January 27, 2011

NIFTY INTRADAY VIEW FOR 01-28-2011

Posted on 19th jan
As discussed and shown on the chart 5795 proved to be the resistance and NF posted an high exact @ 5795 before resuming its downtrend.
Posted on 19th Jan
5600 achieved. And it's met target on the expiry day which clarifies some more surprises are to be unfolded in days to come. For tomorrow 5590-5575 will be very crucial. Things to be noted is, NF made low of 5597 today. Momentum is still clearly down. But some pattern completion may take place in order to provide some reversal, though bottoming confirmations and patterns are nowhere visible now.


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