Monday, August 22, 2011

>Technical Update 20 August 2011 NSENifty

In continuation of earlier post..

(NSE-4843 at time of this post.)

Precise technical area for current downmove to end is around 4600 to 4650,which i think can happen in 2 weeks.

(Close above 5200 would force review of the above view)

4600 to 4800 is thick support area for nifty and buying should be done in this area.

Many midcaps and large cap stocks are quite cheap..!

1 comment:

Devang Visaria said...

Wonderful and nice presentation.
Would like to read it again.

Thanks & Regards,
Stock Market Tips