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Nifty Spot Monthly chart

 
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Author Nifty Spot Monthly chart
ktpillai
White Belt
White Belt


Joined: 23 Nov 2007
Posts: 95

Post: #1   PostPosted: Fri Nov 04, 2011 8:23 am    Post subject: Nifty Spot Monthly chart Reply with quote

I think Nifty spot may see a good resistance at 5440 level
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SP50
Brown Belt
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Joined: 26 Nov 2010
Posts: 1615

Post: #2   PostPosted: Fri Nov 04, 2011 12:17 pm    Post subject: Reply with quote

Reaching 5440 in itself is a big task.. leave apart the resistance thereafter... for the moment if and only if political condition in Europe stabilizes then we may see a upside beyond 5332 spot nifty else we will stay volatile in a small 100 point range of 5200 to 5300.
Retailers beware... when everything is positive

Happy minting money!!!
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vinay28
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Joined: 24 Dec 2010
Posts: 11748

Post: #3   PostPosted: Fri Nov 04, 2011 7:37 pm    Post subject: Reply with quote

Smile You are talking about political situation in europe. What about in India with mamta threatening to withdraw support to upa govt.?
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