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Sunday, 24 November 2013

Nifty Spot (25/11/13-29/11/13)

Nifty Spot

Nifty is roaming around an important support zone from 5955-5935. A close below 5900 can drag Nifty towards 5880, 5750-5735.
Resistances are 6042-6050, 6212, 6340,
Supports are 5955-5935, 5880, 5750-5735.

 

Nifty Gann Chart


Also there is +ve Wolfe wave in Nifty. according to which 5950 is a support. And the 1st target is 6142 & final target is 6254.

Nifty +ve WW

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