Tuesday, September 24, 2013

Nifty Chart

Position : NIL

Nifty Trade Support 5883-5870 Resistance 5907-5913
Nifty Trend Support 5828-5800 Resistance 5969-5990

Bulls Trap with Huge Gap up helps nifty to get target 6156 expected , actual high 6142.

Momentum indicators are at OSZ, but trend is down
so sideways with -ve bias is possible in intra.

Close below 5828 will lead nifty towards final target 5788-5750

Trend -ve/momentum +ve.



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