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High chances of resistance at around NIFTY 5250 level

 
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Author High chances of resistance at around NIFTY 5250 level
kamalraturi
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Joined: 11 Dec 2011
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Post: #1   PostPosted: Sun Jan 29, 2012 2:36 pm    Post subject: High chances of resistance at around NIFTY 5250 level Reply with quote

4 times downward trend line was successfully tested starting from November 2010. Now with Oscillators like RSI and STOCHASTICS at overbought zone chances of the success of this trend line for 5th time could be pretty high creating heavy resistance around 5250 level.
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KatrinaaDP
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Post: #2   PostPosted: Sun Jan 29, 2012 2:40 pm    Post subject: Reply with quote

kamal sir good work
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