Thursday, December 19, 2013

Nifty 19th december

Hi friends,
                   A bounce was expected from 6100  levels it bounced from 6125 levels its
understandable ,The levels to watch on upside would be 6237,6271and 6305.
So trendline support held so the squeeze continues,This squeeze has contracted the price considerably.


Manish Shah said...

Seems nifty is going to make top at 6400(may be in Jan) before next down cycle starts. The next downward cycle should have bottom of 5400-5800

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