Tuesday, March 9, 2010

NIFTY 09.03.10 (B)


NIFTY DAILY CHART :

TRENDLINE: NIFTY IS FACING RESISTANCE(DOWN ARROWS) AND TAKING SUPPORT(UP ARROWS) AT VARIOUS POINTS ALONG THE TRENDLINE.

IN COMING DAYS THIS TRENDLINE WOULD PROBABLY WILL PLAY VITAL ROLE IN DECIDING THE MOVEMENT OF THE MARKET

TILL NOW NIFTY HAS NOT GONE BELOW THIS TRENDLINE WHICH IS ACTING AS STRONG SUPPORT .

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