nifty is currently in near and short term downtrend. it is still weak and personally i feel going forward it may be headed, with some bounces, to near above 4800 lvls if not supported by positive global cues, may form a short term bottom on tuesday, it would be better to play by lvls.
monday intraday resis 5020(would be near term bullish above this till 5130 etc), support 4940.
short term resis 5130, above it would be bullish till 5183.
short term supports 4935-4950. but if broken then below 4930 short term downside would get open till 4810 may get supported near 4830-4850.
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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.
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Sunday, December 20, 2009
nifty view...market ahead...
Posted by abhay r somkuwar at 12:23 PM
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