Thursday, October 22, 2009

NIFTY SPOT 22.10.09

NIFTY DAILY CHART : THE ABOVE CHART IS SPOT NIFTY DAILY CHART WHICH SHOWS WHERE NIFTY HAS TAKEN SUPPORT AT VARIOUS POINTS ON THE TREND LINE( SHOWN WITH ARROW)

BUT TODAY THE TREND LINE WAS BROKEN AT AROUND 5060 WHICH IS BEARISH SIGNAL.

NEXT SUPPORT FOR SPOT NIFTY IS AT 4950 AND AFTER THAT 4925

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