Showing posts with label trading range. Show all posts
Showing posts with label trading range. Show all posts

Monday, April 27, 2009

Nifty to test 3500

Nifty has been in a trading range from 3300 to 3500 for the past 2 weeks. Today will be a day to see if the 3500 resistamce holds or there is a dip. If 3500 breaks then it will be a continuation of the momentum which is UP now.

Monday, February 9, 2009

Nifty breaks out of trading range

The Nifty broke out of the trading range at 14:05 today...2875 had proved to be resistance for the last 4 weeks...Short term trend is up now...