Tuesday, June 18, 2013

>Nifty premarket 18th june

Hi friends,
                   Yesterdays expectation was nifty was at rsistance a retest of support before rise.
Nifty fell to 5770 support given was 5760  and then rose to the resistance of the day 5850 same resistance was given.
Now on a lower time frame we can see a clear 5 up ,So a sideways to downside momentum can be seen if 5850 is not crossed today
support comes at 5780-5790 .

Happy trading..


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