Tuesday, July 28, 2009

NiftyUpdates For29jul----InderBhatia

The Indian market opened on marginally up and after opening turned in to negative zones and end session with red zone. Nifty was trading in narrow range on hourly chart nifty is forming rising wedge pattern and trading below 4529 it will confirm sell pattern .If nifty trade above 4587 it can test 4602-4624 zones on the lower side below4530 it will test 4460-4410 zones .

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