Tuesday 28 May 2013

Nifty Page: 28-05-2013(EOD)

Yesterday's channels: 5min & Hour Charts
Today's Updates
Thus it is the green channel that is containing the upmove--- tomorrw if its lower line breals then red line would be the first support-- otherwise the upper green line would be tested--

Fib retracements :
Wave A=6229-5937=292
Wave B=61.8% retracement meant 6118 (done today)
78.6% retracement means 6167

Closing above 6179 would mean huge upside.
Closing below 6012 would mean sub 5900 levels.

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