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r.dibya-short term bearish in NIFTY((sl 4560) |
r.dibya
White Belt
Joined: 26 Jun 2008
Posts: 79
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Post: #1  Posted: Tue Aug 11, 2009 1:19 pm Post subject: r.dibya-short term bearish in NIFTY((sl 4560) |
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nifty face resistance near 4550-60 level according to 50% retracement.
one can go nifty short near 4510-20 SL 4560 tgt.4375-4400,4280 ,3900
for this time nifty rnge 4400-4560 level
4380 is strong support zone of the nifty-- so be carefull for creat long position. |
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r.dibya
White Belt
Joined: 26 Jun 2008
Posts: 79
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| Post: #2 Posted: Tue Aug 11, 2009 4:06 pm Post subject: |
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as i told befor short nifty near 4510-20 but after fell from 4515 to 4430 level .
thats indicates 4380-4400 level is a strong support zone but 5 min. chart shows inverse H&S pattern for bullish above 4520 tgt. 4570.
for tomorrow watch Reliance above 2040 bullish.
any long position sl 4400 |
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