Sunday, January 20, 2013

5 out of 7 indicators are supporting bulls as per weekly Nifty chart

Nifty weekly chart ended at positive note .Previous  week's negative closing has given extra energy in bulls and they emerge with more power and strength ...nifty is having nice support at 5910 and resistance at 6337 as per fib support level ..
but as per pivots immediate resistance is at 6130 .
seeing all that we can expect wider  range for nifty from 5910-6130 for coming week .
5 out of 7 indicators are supporting bulls as per  weekly Nifty chart