Monday, December 21, 2009

nifty


the two charts suggests---end in shorterm correction near 4980 after breakdown strong support near 5010 ,now its 5040-50 strong resitance. but i think nifty may consolidate in between 4980-5025 level then it will go upward to 5100--5180 but above 5100 is not buying level. u should have profit book at higher level.