Nifty Level for February 14, 2011

There is all good news poised to move Nifty go ahead and recovery is round the clock

Nifty is taking support at it's 100 week EMA, which coninsidently meet with both the trend line

Flag formation has completed now, as per calculation

• Nifty started dipping from 6181 level to 5624 total loss 557
• Nifty expected low would have been 5801 less 557 which becomes 5244 and Nifty has already recoved from low of 5177

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