Visit http://indiaer.blogspot.com/ for complete details �� ��
Nifty today witnessed a sharp correction and closed the
day just above the 6000 mark.
The index is nearing its reversal level i.e. at 5980.
On the daily chart the index has witnessed a bearish
'Head and Shoulder' pattern; and its neckline is at 5980.
On breaking below 5980 the index can target 5700
and therefore we advise investors to sell only if the Nifty
closes at a level below 5980.
At this stage we advise investors to be cautious and
recommend Sell only if the Nifty closes below 5980.
As long as 5980 holds, our uptrend remains intact.
No comments:
Post a Comment