>Nifty analysis 22nd dec 2009

Nifty still probably in 5th of C down from 5181 ,If a upmove has to come it need to cross that yellow dotted trendline 4970-80 band else we may still drift into a lackluster day .

For a sustained up move 5000-5015 horizontal red line is a strong hurdle after which aggressive buying can be seen overall a watchfull day.

Regards
Rish
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