Sunday, July 11, 2010

NIFTY 09.07.10


NIFTY DAILY CHART :


" FLAG BREAKOUT ":  NIFTY HAS  FINALLY GIVEN A BREAKOUT FROM THE FLAG PATTERN AT 5300  WITH GOOD VOLUMES( THUMPS UP)  AND CLOSED AT 5352

BOLLINGER BANDS : NIFTY HAS RESISTANCE AT 5360 - 5370 WHICH IS THE UPPER BAND LEVEL

LEVELS TO WATCH OUT  :
RESISTANCE : 5370 ,5382 , 5396

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