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The Indian market opened on positive note, did not break yesterday's low and closed in the green zone. After opening the market moved in narrow range, saw some buying in the afternoon session and Nifty tested our levels 2770. For the coming session, if Nifty crosses 2793 it could test the 2821-2840 zone, and on the lower side 2630 would act as a support zone. Nifty is moving in a range as shown in the chart.
Wednesday, November 26, 2008
Nifty Update for November 28 - Inder Bhatia
Posted by Anonymous at 10:02 PM
Labels: INDER BHATIA, NIFTY, NSE
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1 Comment:
simple and very useful analysis.I agree with your comment.Hence being the market is in long term bearish and the FIIs keep pulling the market down -market may not stay above 2800-which is again intermediate downtrend upto 2630-2510.If that is(2510)protected -intrmediate uptrend
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