Friday, May 24, 2013

>Nifty premarket 24th may

Hi friends,
                   Yesterday expectation was below 6080 a test of 6000-5980 we tested that region and held it for almost full day in last hour it gave way though its in that range only.Now if 5980is held i would assume fall is done for now else it can drift down towards 5850.
USDINR yesterday did 56++ profit booking area its hovering round an important area now if usdinr fails to breach above 56 it can retest 53 we have to wait and see.

Happy trading...


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