Fibonacci [09-02-2011]

YESTERDAYS COMMENTS AND PERFORMANCE : 

YESTERDAYS Predicted Nifty level and Actual levels :

Trend support 5344-5339 [closed below 5339]

Trend resistance 5419-5424 [5432 Actual High]

So 23.6% swing 5374 is a key for further down side. (EXACTTTTTTTTTT)

8th Feb 2011 OHLC : open 5432, High 5432 Low 5303 Close 5312

9th Feb January 2011 [02/02/2011] - Technical View of Nifty / Nifty Technical Analysis / Technical 

view of market / Nifty chart / 

View of Market : 

DJI Closed positive +71 FUTURE flat, SGX NIFTY 5397-16 - 

Asian Market - FLAT/Mixed

Forth Coming Results BSE NSE : Todys Quartely result : Vishal Exports, Edserv, JCT Electronics, 

JBF Industries, Essar Securities, CG-VAK, UB Holdings, Nirma, India securities, GMDC, 

Technical View of NIFTY : 

+ve : POSITIVE DIVERGNEC in indicators [Price makes lower lows, Indicator makes higher lows].  

-ve : Sideways, Hold Below hourly EMA.  Closed Below good support 5399, Closed

Below 23.6% (5374) of the swing 2252-6338.

Print this post