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Thursday, December 6, 2012

The power of Nifty above 5600/5608

Going on with the caption The Power Of Nifty Above 5600/5608 dated Nov 29th Nifty hits our given level of 5932 plus. 

 Now as it has closed above 5906/5930 I feel tomorrow it may open gap up or will open higher where on the upside it could see level of upto R1: 5992/6017, R2: 6047, R3: 6134/6143 where R stands for Resistance and strong downside support will remain at S1: 5857/5850, S2: 5766/5751. (S Stands for Support)
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