Friday, August 27, 2010
NIFTY DAY AUGUST 27 EOD REPORT
AS EXPECTED AND PROJECTED SEPTEMBER SERIES NIFTY CRASHED ON DAY 1 OF THE SERIES...
BUT HOPE WHO ARE ALL READING MY BLOG WELL KNOWN TODAY'S CRASH ....
NOW NIFTY DIPPED RED WHAT NEXT ... NIFTY SPOT:4508 & FUTURE: 5404
ACCORDING TO DATA'S THERE WILL BE FIGHT FOR PRIDE BETWEEN BEAR AND BULL @ 5400 AND BREAKING OR STAYING ABOVE THIS LEVEL WILL DECIDE NIFTY'S NEXT MOVEMENT ....
TECHNICAL LEVELS(PL FOLLOW AND AVOID CONFUSION):
NIFTY IS STILL WEAK AND MAIN SUPPORTIVE LEVEL IS "5380" EXPECT SOME RECOVERY HERE IF FAILS THEN NIFTY WILL BE IN BEARS HAND...
BULLS MIGHT TAKE IN CHARGE OF NIFTY ONLY IF ITS STAYS ABOVE 5455.
MAJOR HURDLES 5505 & 5550 HARD UNLIKELY TO CROSS IN SEPTEMBER
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