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technical level

 
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Author technical level
r.dibya
White Belt
White Belt


Joined: 26 Jun 2008
Posts: 79

Post: #1   PostPosted: Thu Oct 01, 2009 12:24 am    Post subject: technical level Reply with quote

DOW may touch 10000 level soon, i think from this level ,Dow may trading in consolidate pattern within 300-400 points after it will make new high high high.

according to this , after breakout in Nifty from 4780/4800 level tgt. is 5500 but still nifty is in rising mode not in fully U turn mode. so buy now now now.

see one index ,that is BSE oil & gas not in rising mode after brekout in nifty . it's resitance near 10600 level watch this level , if sustain above this level one index may give help to NIFTY in rising mode more.

reliance,ongc etc. & dlf ,LT,BHEL etc. most of bluchip share , midcap & small shares r not in rising mode so most probabily nifty will touch new high.

but one thing is taking confuse that USD/INR ---strong support near 47.90 ,it is trading near this level before 4 days .it should touch 49 level.
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mosikinc
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Joined: 13 Aug 2009
Posts: 1

Post: #2   PostPosted: Thu Oct 01, 2009 3:50 pm    Post subject: Reply with quote

welcome back, we missed u man................
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