Sunday, November 29, 2009

nifty and markets next week

Nifty short term trend is DOWNN as long as Nifty trades BLW 5000 levels. For Daily Purpose, Trend deciding level is 4902 If Nifty shows strength above 4902 levels then a rally up to 4959-4985 may be seen. If Nifty does not show strength above 4900 then selling pressure till 4860-4820 may be seen. Breakdown below 4850 levels may lead severE selling to 4800.

HAVE A CUP OF TEA AND WATCH THESSE LEVLES BANKNIFTY TOOK SUP AT OUR LEVELS AND HIT BACK LIKE A DOT NOW FOR NEXT SESSEION BANK NIFTY RES AT 9080 BANK NIFTY SUPORT AY 8830 UPSIDE IF IT GOES ABV 9080 AND SUSTAIN RALLY UPTO 9200-9280 BLW 9080 FALL UPTO 8800-8700 LEVEL CAN BE SEEN
NIFTY FUTR PIVOT PONT IS 4905 ABV THAT STRONG BLW WEAK

No comments: