Nifty Chart
Nifty Trade Support 6308-6291 Resistance 6325-6331
Nifty Trend Support 6274-6262 Resistance 6343-6355
One more sideways with +ve bias day. Second half may be
for negative side move. 38.2% of 5972-6415 @ 6246
coincide with Trend line from 5700.
Nifty Exactly bounced from 61.8% of 5972-6345 up to
23.6%. Now almost double TOP at 6325
FRIDAYS prediction : "Short covering only above 6325"
EXACT high 6324.9.
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Nifty Trend Support 6274-6262 Resistance 6343-6355
One more sideways with +ve bias day. Second half may be
for negative side move. 38.2% of 5972-6415 @ 6246
coincide with Trend line from 5700.
Nifty Exactly bounced from 61.8% of 5972-6345 up to
23.6%. Now almost double TOP at 6325
FRIDAYS prediction : "Short covering only above 6325"
EXACT high 6324.9.
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