Wednesday, January 5, 2011

NIFTY 05.01.11


NIFTY DAILY CHART :


RETRACEMENT:  NIFTY HAD FACED AT 6185 WHICH 76.4 % FIBO LEVELS TWICE  AND HAS COME DOWN FROM THOSE LEVELS AND CLOSED AT 6079


WHAT NEXT : NIFTY HAS STRONG SUPPORT AT 6015  WHICH IS CRUCIAL LEVEL AS IT IS THE 50% OF THE ENTIRE RALLY FROM 6338 TO 5690