Tuesday, November 19, 2013

Nifty Chart

Position : NIL

Nifty Trade Support 6169-6157 Resistance 6197-6208
Nifty Trend Support 6133-6127 Resistance 6233-6243

Closing Basis Support 6100 Resistance 6250

Expected this retracement from 5972 to 6250 will be lower top around Trend resistance Profit Booking at every high and try to accumulate short around Trend resistance

Previous Prediction :  

1.Bounce back will
be possible from the supportive range 5976-5967 >>> 
EXACTLY Bounced from 5972

2. Short holders may cover around the supportive range. - 
EXACTLY bounced +200 points







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