Monday, September 30, 2013

Nifty Chart


Nifty Trade Support 5807-5790 Resistance 5859-5864
Nifty Trend Support 5767-5754 Resistance 5900-5907

Expected fall up to 5788-5750 and raise up to 5825
are the confirmation for the fall up to 5509 [61.8%-5475]

so range for the falling target 5590-5475

Hourly EMA-200 @ 5764 and Daily EMA-200 @5754
So supporting range exactly 5788-5750 for bounce back

Trend -ve/momentum +ve


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