Fibonnaci [20-12-2010]
Nifty Trade Support level 5924-5917, resistance 5956-5963
Nifty Trend Support level 5894-5888, resistance 5994-6000
CASH NIFTY Analysis : NIFTY CHART
Todays closing CASH NIFTY level is very important, consecutive
close above 5963 for two days then minimum target 6060-6090,
Expected short covering above this level. This Triangle formation
is bullish, But cluster of resistance are there. so wait and watch
the closing level for further action.
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