Research of Indian Stock Market

Saturday, March 31, 2012

IS NIFTY TAKING SUPPORT ???

YES NIFTY IS TAKING SUPPORT @ 5150 IN THISE POINT OF LEVEL NIFTY HAS CLUSTER OF SUPPORTS ,,,,,,,,,,,200 DMA ,,,TREND LINE WHICH ACTS AS RESISTANCE FROM ,,,,6300 TO 4530,,, NOW IT PLAY IS ROLL AS SUPPORT AND IN WEEKLY CANDLE STICK  5TH WEEK FROM HIGH ,,,,,,HAMMER PATTERN ,,AND IT HAS RE TESTED ,,,,,,,SO IN MY VIEW MARKE IS TAKING SUPPORT FOR LONG TERM

 

Copyright M. Subramaniam