Thursday, February 2, 2012

Hourly Nifty Analysis

  1. Nifty is moving in lower channel now
  2. Volume is missing as Nifty moving higher
  3. Rounded top in develepment
  4. Any small bad news may lead to correction or when FII wants. 
  5. Upper resistance as per Gann Table: 5292 - 5310 - 5329
  6. On lower side strong support seen at: 5250 - 5230 - 5218 - 5200

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