Wednesday, July 26, 2006

nifty 27th july


nifty is on a steep run up that can be seen in the chart it has taken out key resistance levels. 3105 is acting as support for nifty below 3100 3080 is very good support for nifty .On upside 3135 is the place where nifty may stop over.There could be an other view too nifty had flag pole breakout it is shown with thick green lines with a target of 3180.Above 3135 nifty will be quite strong and weak below 3080
tomorrow being expiry day be ready for wild swings
cheers
rish

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