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Monday, October 18, 2010

For 18 Oct 2010


On friday as 6156 broken my tgt 6090 achieved without any hesitation...even intraday updated for tgt og 6045...it touched 6050 and closed at 6062....
Now for today...6045 very crucial...if this support breaks then nifty spot may see 5965 or 5925....
Current weekly close also important..if nifty close below 5930 then 5720 not far away....or even it closed below 6105 then we may see more correction and trend reversal.....
On upper side 6130 is important now ..only above this bulls will have upperhand for few sessions...