Nifty 50 stocks study charts

Thursday, April 11, 2013

Nifty 11 Apr 2013 2:27 PM

                                            30 mins chart

Nifty is facing resistance as shown in the chart. If this a beginning of a baby bull market then nifty should break all the resistances as it did yesterday and should find support where it was facing resistance as it was on today.

Note - In bear market we respect the resistances and break the supports and in bull market we respect the supports and break resistances.

1 comment:

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