Thursday, March 20, 2014

Nifty Chart


Nifty Trade Support 6506-6499 Resistance 6557-6661
Nifty Trade Support 6486-6482 Resistance 6581-6590

Previous WEEK prediction : As per Elliott Wave one more high is pending, whether it will near
the previous high+5 or high+30 points, bounce back from 6417

EXACTLY : Bounced and got a NEW HIGH from 6432 got 6561+13 points=6574

Key levels for more than 100 points move on down side is 6475 on closing basis
Key levels for more than 130 points move on up side is 6575 on closing basis.

below key support targets are around 6387-75
above key resistance target are around 6670-6690








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