Sunday, August 28, 2011

Technical Analysis for Nifty


The August series ended with the maximum damage to the Prices in the downfall since Nov ’10 ( from 6338) . The prices corrected from 5700 levels to 4700 levels ,  apprx. 1000 points fall and now we are trading at multi-months low ( new 52 week low at par with May ’10 levels ).  Let us check out the Technical probabilities for the Short Term –
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