Friday, October 9, 2009

Nifty Premarket View.

Market has held a low of 4970 for the last two days. Aggressive traders may use that as a bottom & trade.
5030-5040 has been a resistance for the past two days.
Break past 4930/4970 - 5040/5077 may give some momentum in that direction..

Publish Post

(I may not be available during intra day)
at

1 comment:

Raju Bhai, Latur said...

Thanks for your wonderful working.

October 9, 2009 at 1:23 PM

Post a Comment

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....

  • Nifty Pre-Market View
    5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ...
  • Retracement strategy, a must for traders.
     Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
  • Nifty PreMarket View.
    If the steady FIIs inflow reflects in the prices, 5405 should be protected going ahead and market may encounter minor corrections and keep m...