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Tuesday, June 11, 2013

Nifty :Going to 5500?

I thought a bounce was coming so that i could short form higher levels. But the major supports got broken at 5840 . And now I m short. Next major support looks at 5620. But look at the weekly chart with bollinger levels.The bollinger bands are working perfectly here with perfect touches and reversals.  And we should touch 5520 looking at this one.

4 comments:

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  2. This is the nice up and down to show in technical chart......
    This is great inforamation...... I can take it from others.....

    Thanks for sharing...

    Kind Regards
    market profile

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