Google+ NIFTY INTRADAY VIEW FOR 02-16-2011 ~ NIFTY DEMYSTIFIED

Wednesday, February 16, 2011

NIFTY INTRADAY VIEW FOR 02-16-2011

Support discussed @ 5405. It bounced off from 5400 zone.
5380-5400 still holds the key to this upmove.
5530-60 is the most important zone. Moving past these levels will question the larger downtrend. Larger time frame chart still down. Intra day/shorter chart in up trend.


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