Saturday, December 22, 2012

Nifty P&F (Wk 2412-2812) - Turned down, support 5800, next 5715!

Recap:

Above 5670, it went up 250+ points.

Weekly Analysis:


Daily Analysis:


Summary:

Daily Down, Weekly not yet down. Channel support in daily chart at 5800. However, if broken, VPO is targetting 5715!

Breaking further (5685) will threat the uptrend.

Happy Christmas!!!