Mumbai

Sunday, August 23, 2009

BACK TO THE FUTURE

NIFTY{4528} attempted to break the trading range on up as well downside within Aug expiry <4300-4700> though unsuccesfull at doing the same. We are back at same levels we started the series with clearly showing undecisveness of market particpants. In the process it got supported @ demand trendline and 50dma to move higher and breakout of intermediate level of <4500>.
Milestones : 4305<4408<<4515>>4685>4779

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