"BLOODBATH"
CRUCIAL SUPPORT:
NIFTY TOOK SUPPORT AT 5083 YESTERDAY (21.01.10) WHICH IS 61.8% RETRACEMENT OF THE ENTIRE RISE FROM 21/12/09 (4943) TO 6/01/10 WHERE IT MADE HIGH OF 5310
TODAY IT MADE A LOW OF 4954 WHICH IS CLOSE TO 4940 WHICH IS VERY IMPORTANT LEVEL
NEXT LEVELS :
4940 IS CRITICAL LEVEL TO WATCH AFTER WHICH 4920 AND 4900
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