Tuesday, March 11, 2014

Nifty chart 11th march

Hi friends,
                   The nifty was pretty much sideways  yesterday ,Looking at yesterdays
structure its kind of wedge,As long as 6500 holds we can see the upmove continues
and hit 6600+.
Nifty chart 11th march
Where as the upmove
gets weak for short
term below 6500
and we can target
6400 below 6500.
Overall midcaps
continues to perform
.Largecaps in nifty are
like playing musical chair
few fall and few hold
which holds nifty

Like currently oil and gas along with banking holding and IT and pharma correcting.
Tricky market .

Regards
Rish

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