The last critical level is "2650-2660". Below that more falls can be expected.
Nifty stayed at S2-2681 for most of the day and broke through that in the afternoon signaling bearish trend. And closing below 5 day low ema confirmed it.
Monday, March 2, 2009
Nifty closes below the critical "2730", now the next critical "2650-2660"..!!!
Nifty gapped down below the critical "2730" and also closed well below that. The daily trend which was just about managing to stay in uptrend has decisively turned down. Now all time cycles are in downtrend.
The last critical level is "2650-2660". Below that more falls can be expected.
Nifty stayed at S2-2681 for most of the day and broke through that in the afternoon signaling bearish trend. And closing below 5 day low ema confirmed it.
The last critical level is "2650-2660". Below that more falls can be expected.
Nifty stayed at S2-2681 for most of the day and broke through that in the afternoon signaling bearish trend. And closing below 5 day low ema confirmed it.
Elliot's Impulse waves.(Part-5)
IMPULSE WAVES :- The Basics Waves that move the market in the direction of its main trend either up or down are called Impulse waves. 1....
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5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ... -
Will not be available to intra update . Suggest one of our readers to update on DHEma-HHEma-HCEma & HLEma for possible support points fo...
1 comment:
hello sir can u post charts of reliance industries
sam
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