Tuesday, December 6, 2011
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1 comments:
We already know from Signals of Market Crash that Nifty has a strong resistance around 5200. I have shown the same here again in the above chart with red arrows.
Given the recent stock market condition, this may be perfect time to build your position in a unique set of “eternal” stocks which you can buy now and forget forever.
Nifty has support around 4700 and resistance around 5200 and so according to me this should be the range for the nifty for next few trading sessions and Nifty should consolidate for a elongated period of time in range of 4800-5200.
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