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Showing posts from September 10, 2010

NIFTY - NEXT LEVEL

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NIFTY (5640) - On 29th aug. written here, top out 5550 and downside support 5350 and above 5550 upside target 5645. yes both levels (exactly 5350 & 5645) targets are attained in the last two weeks itself. Now What next ? If stays above 5645, next attack in upside 5745 and after that ultimate target 6014. If unable to stay above 5645, then in downside supports exists at 5550 and after that 5350. Once again repeat the previous post write up, If 2consecutive close below 5350, then only major trend reversal possible.

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