Friday, November 30, 2012

30.11.12 Friday

Price near resistance at Warning Line / UMLH of magenta PF.Stochastic at oversold area. A pause / retracement to the 2 day 250 point rally expected.
Support levels at 5805-5775 band within rising magenta PF before an upmove resumes.

EOD 15 min chart

Nifty climbs up relentlessly.. within the upper magenta channel .Target towards 5900-5950 range where it meets the  resistance levels of the orange major PF .

Thursday, November 29, 2012