Thursday, November 24, 2011

24.11.2011 Thursday

Posted the intraday 5 min charts before and after charts in the previous Post.

Today's 60 min chart

Today's close is a positive sign for a ST low .But it's going to be sometime before the downtrend is halted as this upmove / corrective rally may extend till 4920 zone and once again a probable sell off is possible.
The downside levels at 4530 zone will be an area to be watched out till we make progress in the upmove.

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