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Showing posts from May 17, 2012

NIFTY - Down target attacked but still...

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NIFTY (5858) - Click here to see the post dated 28th April
 As posted, It broken 5100 on 04th May and yesterday it attacked the mentioned minimum down side  target of 5% (ie.4845)  (yesterday made low 4837)
And now, if not take support here
and 2consecutive close below 4845 then next down side target is, as mentioned in the same post, optimum 10%  that is 4620-4590