4075 is a very strong resistance, beyond which 4125.
Tuesday, July 14, 2009
Nifty's days ahead..
Having found supports @ 3920(Closer to the "ABC" target of 3933), Nifty is moving up from "Over Sold" levels. It could move up towards the channel top around 4275-4310 area. Its TA position at that time will indicate further weakness or rises.
4075 is a very strong resistance, beyond which 4125.
4075 is a very strong resistance, beyond which 4125.
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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