Wednesday, November 11, 2009

NIFTY TREND ON 11-11-2009

Hurdle at 4909 level. Above this level, rally may continue up to 4945-4947 zone and thereafter expect a jump up to 4982-4984 zone by non-stop.


Support at 4875 level. Below these levels, expect profit booking up to 4864 & 4865 levels and thereafter slide may continue up to 4838-4840 zone by non-stop.

Buy if touches 4826-4828 zone. Stop Loss at 4789-4791 zone.

On Positive Side, cross above 4994-4996 zone can take it up to 5031-5033 zone by non-stop. If crosses & sustains this zone then uptrend may continue.

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