Sunday, November 30, 2008

Nifty for 1st Dec to 5th dec-2008

Nifty could not break 3540 in entire month…….

Support at 2646-2623-2514-2449
Resistance at 2823-2892-2994-3091 and finally at 3357

Now …….3357 will decide the fate of Nifty & If it could cross & sustain above 3357…..we can see a intermediate uptrend…….but in present situations …….it seems nearly impossible.

……..I will again say…….it will be miracle if Nifty could break 3540 upto end of Dec-2008.


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