Friday, October 25, 2013

Nifty Chart

23rd Oct issued : "This is may be Bull TRAP, Breakout                              at the OBZ.  So be cautious."

24th Oct issued : "some profit booking.  Fresh short covering                                                                                  only above 6228 for the trend resistance 6254"

EXACTLY from yesterdays high 6252
EXACTLY BULL TRAP predicted

Nifty Trade Support 6145-6135 Resistance 6174-6180
Nifty Trend Support 6119-6105 Resistance 6210-6228

Closing basis support 6090
Closing basis resistance 6228

Highly volatile day ahead.  




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