Monday, February 9, 2009

Nifty update for 10/02/2009


On 06/02/2009 we have mentioned that 2925 will be target in day or two just see it kissed the target yesterday.Now for today,nifty has given breakout of parallel line and closed above the line yesterday.so,the breakout becomes the support for today's trade.

And for the up move we see a three candles closed previously so that will act as resistant for the up move and above that the level of 2975-2980 will act as another resistant

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