Wednesday, May 7, 2008

NIFTY TECHNICALS ( SPOT )

Upmove possible only above 5200 / 5264 Support: 5115.
Now,
Resistance : 5264 & 5200 , 5168, 5150, 5298, 5315, 5325 & 5350.
Support : 5115, 5101, 5050(60), 5000 & 4970(80).
Stop Loss : 4990
Happy Trading!!

1 comment:

ruchit1212 said...

hi,
used to read ur threads regularly at vfm,now i have a querry for you,while calculating fibonacci retracement levels what time frame i should consider,means what should be the time gap between the high(100%)and low(0%).i am a short term trader mostly intraday and positional. pls mail me the reply to ruchit1212@hotmail.com and my yahoo id is ruchit1212