Showing posts from May 23, 2010

NIFTY - for the time being

NIFTY - As per previous post, Close below 5040, next attack 4800. Whereas, last friday it came down to 4842 and closed at 4931. For the time being, fall arrested and expect a pull back. Now the upside pullback targets are 5040-5060 and after that 5120-5160. Down support remain same at 4800.