Hi All,
Sorry for an update after so many days, was on a holiday.
Hope you all are doing well
Nifty continued its loosing streak today as well with a loss of around 20 pts. It closed near a crucial support area of 5800-5840.
After a nice bullish run from July 2012, Nifty has given signs of bearishness on Daily as well as weekly charts, as of today at least there are no signs of respite on hourly charts either.
Supports - 5790-5870-5820-5800
Resistances - 5985-6000-6060
Regards
Hrishi
Sorry for an update after so many days, was on a holiday.
Hope you all are doing well
Nifty continued its loosing streak today as well with a loss of around 20 pts. It closed near a crucial support area of 5800-5840.
After a nice bullish run from July 2012, Nifty has given signs of bearishness on Daily as well as weekly charts, as of today at least there are no signs of respite on hourly charts either.
Supports - 5790-5870-5820-5800
Resistances - 5985-6000-6060
Regards
Hrishi
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