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Nifty Trading Targets for 15th May

 
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Author Nifty Trading Targets for 15th May
samminc
White Belt
White Belt


Joined: 11 Sep 2007
Posts: 13

Post: #1   PostPosted: Thu May 15, 2008 6:03 am    Post subject: Nifty Trading Targets for 15th May Reply with quote

Nifty futures managed to hold on the speedline. Now the height of the triangle is coming shorter. Hence we can expect huge movement on either side with in a week time.

1. If 4950 is taken off and gave closing for 2 days we can have the first target at 4874 and second target as 4780.
2.If 5055 is broken then we can have the first target as 5122 and the second target as 5250. Ofcourse our chart suggest that we might even tarvel to 5600 levels.

Happy Trading
Samminc
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