Nifty update for 06/02/2009
Just as mentioned yesterday the support level of 2760-2750 holded and bounced at the last hour of trade.The break of the support would have taken to the level of 2730-2700-2670.On the upper side if the level of 2820 is crossed next hurdles is at 2840.
We see a double bottom formation in nifty hourly chart projecting the target of 2920-2925 if the level of 2840-2850 is crossed and closed in coming trading session.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment