Friday, March 2, 2012

Nifty P&F (Wk 0502-0903) - first a resistance at 5420 then 5200?


Support came much below.

Weekly Analysis:

Daily Analysis:


Weekly down. Daily up. Clearly rangebound. The BrRL in weekly chart will play a major role in deciding the break of range. Very immediate resistance for the downmove to continue till 5200 level should be 5420!

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