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Sunday, 2 December 2012

Nifty Spot (03/12/12 - 07/12/12)

In my earlier post i clearly stated that the closing below 5596 will take nifty  to 5535 and it actually took U Turn from 5540. From 5540 to 5880 (what a wooooooo move).
As far as Nifty is concerned a closing above 2 X 1 Gann Angle has given it more strength for  Nifty to go up to 6097 . See the attached chart.Major resistance levels are 5960-6060,6097 and major support levels are 5820-5760.

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