Break of 3000 will bring in swift selling towards 2980-2960 & 2930 levels.
Depending on the nature of bounce and its ability to clear past 3075 will bring in more upsides as long as 3000 holds.
Tuesday, December 23, 2008
Nifty's corrective phase..?
There are resistances at 3050 to 3080 area and a possible supports near 3000 levels.
Break of 3000 will bring in swift selling towards 2980-2960 & 2930 levels.
Depending on the nature of bounce and its ability to clear past 3075 will bring in more upsides as long as 3000 holds.
Break of 3000 will bring in swift selling towards 2980-2960 & 2930 levels.
Depending on the nature of bounce and its ability to clear past 3075 will bring in more upsides as long as 3000 holds.
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 ... -
I 'll always be there for you. To make you feel that you're secured. And even if the rain is pouring hard and the sky is almost dark... -
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
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