Way back on Feb 7th we talked about 5608 level for Nifty on the max side and we saw how the target got achieved. On the downside we gave support level at 5428/5400 and we said that below 5400 we can see further correction of 150-200 points.
On 27th Feb we gave thew following message@@
I strongly believe going ahead Nifty is likely to find strong support somewhere in the region of 5220-5170 from where we can expect a good bounce of 150-180 points. Nifty likely to get further weaken only below 5170 closing.
NIFTY HITS INTRADAY LOW OF 5171.45 ON 7TH MARCH AND CLOSED AROUND 5220.
What next???? Lets Watch Out!!!
On 27th Feb we gave thew following message@@
I strongly believe going ahead Nifty is likely to find strong support somewhere in the region of 5220-5170 from where we can expect a good bounce of 150-180 points. Nifty likely to get further weaken only below 5170 closing.
NIFTY HITS INTRADAY LOW OF 5171.45 ON 7TH MARCH AND CLOSED AROUND 5220.
What next???? Lets Watch Out!!!
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