| 3 comments ]

4945 holds a major supports. Failure to hold on EOD basis could target next support zone
4350-4400

3 comments

sriganeshh said... @ December 22, 2009 at 10:51 AM

rajandran,
1. can we take Dec 3 as reversal as per the gann emblem ?

2. gann chart shows lower trend which if we read with round top pattern, can we assume the next range for nifty trading will be 4350 - 4950 ?

Unknown said... @ December 22, 2009 at 12:24 PM

As per other technical indicators Trading range can be defined as 4700 to 5100.

Rajandran said... @ December 22, 2009 at 7:15 PM

If 4945 breaks then trading range could be between 5000-4350 with wild swings

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