trend: short term downtrend
trade day: big down day with break below imp supports.
trading volumes: high
macd: bearish
rsi: in oversold region
trendlines: some support and resis trendlines as shown
significant support: 4800
major support/exit(must stay closing below this for few days):
4500 approx for medium to intermediate term investors
3900 for long term investors
-abhay r somkuwar.
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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
Thursday, January 28, 2010
mkt ahead 28th jan 2010...nifty eod(chart)...
Posted by
abhay r somkuwar
at
7:32 AM
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