mentioned 4510 below which nifty is weak, 4380-88 was said as support area closing basis for medium trend.
trading closing below 4350(fut) can take it to next lvl of near 4200 etc.
today and couple of days trading is very imp what mkt is going to do next, its in short term downtrend but closed just near the very imp medium to intermediate uptrend decider lvl/tline.
the supports and resis and fibo lvls etc with negative divergences, macd and ma crossovers with volume etc are as shown in the charts below.
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past short term calls follow-up/performance***(stocks to watch)
date,stock,reco price,high,% gain at high
***all analysis are based on self chart study only, actual trading gains may vary.
disclaimer:
Twitter nifty intraday trading Updates
Tuesday, August 18, 2009
market ahead 18th aug 2009...
Posted by
abhay r somkuwar
at
8:10 AM
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