Thursday, March 19, 2009

Nifty adamant at the top as it was at the bottom..

Nifty corrected for the -ve div of the hourly and found support at the S1(2772) after nearly reaching the R1(2824) in the opening. So a sideways move is on with a range of 2836--2770. 2 day swing reversal will be a break of 2770. Trade accordingly..Heart says "Fall"...Will it.

As we are nearing the settlement and the US having their Quadruple witching tomorrow, quite a lot of action may be expected soon.

Time and again, the pivot table has been quite handy..
Trade safe..






1 comment:

Sujatha said...

"Heart says fall", let it be...

I closed one short... one is open (!) cos nifty not crossed yesterday's spot high and nifty future below 2850 is weak am i right sir?

Thank u very much for your early updation.

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