30 mins chart
Nifty is facing resistance at the lower trend line of the channel ( shown with red color). Gap up opening is a positive sign but yesterday the way nifty did not sustain on higher level and gave up all the gains seems to be a bearish. Today's Ben Bernake's statement may help give nifty a direction tommorow.
Nifty is facing resistance at the lower trend line of the channel ( shown with red color). Gap up opening is a positive sign but yesterday the way nifty did not sustain on higher level and gave up all the gains seems to be a bearish. Today's Ben Bernake's statement may help give nifty a direction tommorow.
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