Saturday, September 7, 2013

Nifty - Weekly charts suggests 4900-4850 in medium term

Nifty -- Channel broken and retest in progress. Size of channel is shown by blue vertical line. On the downside target is size of blue vertical line, which comes at 4850- 4900. 

100&200 Dema and also channel retest comes at 5730- 50. As per weekly chart 5700-5750 is a great levels to short and sit tight targets 4900 in medium term.



Nifty -- Weekly

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