NIFTY DAILY CHART :
FIBONACCI PLAY:
NIFTY IS MOVING BETWEEN FIBONACCI NUMBERS . ON 27.01.10 IT TOOK SUPPORT AT 4834 WHICH 61.8% OF THE RALLY FROM 3/11/09 TO 6/01/10
TODAY i.e ON 28.01.10 NIFTY FACED RESISTANCE AT 4927 WHICH WAS TODAY'S HIGH ,WHICH IS 50% OF THE RALLY FROM 3/11/09(4539) TO 6/01/10(5310)
IN COMING DAYS NIFTY HAS SUPPORT AT 4805 , 4745
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