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 .

Monday, July 27, 2009

NiftyUpdates 28jul------InderBhatia


The Indian market opened on positive note but saw profit booking at higher level and close flat zones . For coming trading session if nifty trade above 4593 zones it will test 4630-4650zones .On the lower side trading below 4550 level it can test 4510-4500 level .On the daily chart nifty had form narrow range body which suggests indecisiveness.

KM

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