I prepared a chart for Dowjones on 4th Feb 2012 where I said " Dowjones at 12862, likely to move a bit more higher where on the upside it will face series of resistance in the region of 12985-13042-13113"
After much of hurdle it finally manages to close above 13113 on 13th March.
Now Technically Dowjones will remain Strong as long it maintains its crucial support level of 13113-13042-12985 and will continue to move higher where it will face resistance in the region of 13370/13078-13450
After much of hurdle it finally manages to close above 13113 on 13th March.
Now Technically Dowjones will remain Strong as long it maintains its crucial support level of 13113-13042-12985 and will continue to move higher where it will face resistance in the region of 13370/13078-13450
Yesterday Dowjones closed at 13046 where just a few days back the support level was given at 13113-13042-12985
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