Monday, June 21, 2010

NIFTY near double top

Continued bullish moves on the hourly chart of NIFTY makes it come closer to the previous high level. Will the market push NIFTY past previous high on daily (5398) or the resistance there would force it to take some rest there? While this has to watched, value zone moves up to 5261-5296, locks 225 points on our trend long position.


 

No comments:

Post a Comment