Long Term Supports Tested
[11/27/2009 01:54:00 PM | 2 comments ]

Nifty today tested the long term Support levels near 4800 and trading with a minor bounce back from this levels.
The Nifty Failing to close below 4800 on EOD basis could be extremely bearish. 4800 is the long term EOD support
zone now.
 

2 comments

sathish kumar.B said... @ November 28, 2009 at 11:11 AM

what is nifty long term target and short term target

Rajandran said... @ November 28, 2009 at 12:02 PM

Here is a typo errr

The Nifty Failing to close below 4800 on EOD basis could be extremely bearish

Change this to

The Nifty Failing to close above 4800 on EOD basis could be extremely bearish

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