Google+ INTRADAY NIFTY VIEW FOR 07-09-2010 ~ NIFTY DEMYSTIFIED

Thursday, July 8, 2010

INTRADAY NIFTY VIEW FOR 07-09-2010

5345 on fut remains the main hurdle, with support lies around 5285-5275, probable buying zone. Post breakout level after 5345 zone will be 5390/95-5450.

4 comments:

  1. sir i your second chart .is it fibonnaci retracement

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  2. Hi reena,
    the blue one is the ABC projection of the corrective downward rally, and pink one is the fibo retracement of the that entire (ABC) downmove.

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  3. 5395 done .... waiting for 5450 and then 5500+ ....

    U think we would surpass All Time High this time round ?

    And a request for stock analysis .. Infy, if you can :).

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  4. Muratt .. my tgt is 7600-8400 (wave count started from 1998.. so amplitude of swing and time needed to be taken into account. I feel bigger fall on daily shud be bought very aggressively for that 7600-8400.
    will produce the chart ........ later !!

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