Friday, March 18, 2011

Nifty Point & Figure (PnF) Analysis - Week 100321 - 0325

Weekly Analysis:

Daily Analysis:

Hourly Analysis:


Daily seems to have given a support. Weekly & Hourly in agreement with 5300 level as ultimate support. UP side momentum starts only above 5550 level.

Even after knowing supports & resistances, trading is nothing but a calculated betting game. Bulls & bears both come heavily at this point as the risk for both are very less.

Happy Holi.