Morning moves were within a range but last hour Nifty really charged up to reach 6100 levels.
Positive moves expected for the new series from tommorrow towards the higher targets.
Daily Chart 30.12.10
5 min chart 30.12.10
Studying the movement in 5 min chart , the prices are moving up wihin the ascending green pitchfork.The price reached very close to the median line at C and this point corresponds close to 1.382% fib levels of the previous swing AB.Fib levels work very well with median lines to project / confirm target levels.
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