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Tuesday, November 19, 2013

Nifty...S....6165/6140...R...6202/62206252


Daily trend turned positive.Now 6202 is importana as it is 61.8 % retracement of fall from 6343 to 5972.Today is third day of this rally and there 2 gap ups. If third gap up then there will be exhaustion and profit booking is expected.
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3 comments:

athshree said...

Nifty in resisted @ 6210..CAM L3 is 6213...
6165 is PIVOT

Nov 19, 2013, 9:53:00 AM
athshree said...

Nifty so far...6210 to 6186 = 24
80% of this fall @ 6205.
It must trade below 6205 if cross decisively then have to review CAM resistance

Nov 19, 2013, 9:59:00 AM
athshree said...

Again resisted @ CAM L3..

Nov 19, 2013, 10:47:00 AM

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