22nd Sept,2011 Thursday (at 9.30am)
Nifty has opened wit a gap today.On the daily chart is looks as if Nifty has formed a Symmetrical Triangle. (Joining a trendline from the highs of 5th Aug and 8th Sept and the lows of 26th Aug and 14th Sept).
I think Nifty will try to take a support at this upward sloping trendline in Intraday.Nifty has an immediate Intraday Support at 5034.Lets hope if Bounces back from here.The next Support is 5020.
Nifty has opened wit a gap today.On the daily chart is looks as if Nifty has formed a Symmetrical Triangle. (Joining a trendline from the highs of 5th Aug and 8th Sept and the lows of 26th Aug and 14th Sept).
I think Nifty will try to take a support at this upward sloping trendline in Intraday.Nifty has an immediate Intraday Support at 5034.Lets hope if Bounces back from here.The next Support is 5020.
