Wednesday, October 14, 2009

Nifty entering the "5120 - 5175" ..in its 5th..

5230 is a very critical resistance point. Break out target comes around 5250.
"5085" should be a crucial support at the opening..and 5160-5200 is the resistance zone. If its going to be the minute 5th.. Booking out @ 5150+ is the right thing to do..

A daily close below 5080-5085 will be weak...and the Pivot for tomorrow is 5104.

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