Tuesday 6 March 2012

7 Mar

Stop and Reverse SAR 5400
Trend Reversal up above 5400.
NiftyFuture 5250.

Resistance
5358
5304
Support
5196
5142
HappyTrading 

NR7 day followed by a highly volatile day as Bulls & Bears, both camps fought each other, finally Bears won the battle not giving any chance to Bulls to get the Momentum above 5440,a tough resistance saved by Bears to continue their Southward journey to achieve my Target 5240 mentioned for the last few days! 5200-5240 a strong support zone which should be held to maintain Longterm Bullishness on closing basis.

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