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L.Vigneshwaraprakash posted an update 8 years, 6 months ago
Thursday’s nifty
nifty showed a steady bearish rally even though many of the stock price was increased after 2.30 due to the profit booking in options .nifty have crossed the minor support level 8130 it had closed near to the major support level
today,s nifty(30.10.2015)
the movement of today’s nifty will determine the feature trend and the direction of market if the market.if it breaks the level of 8080 it will move till 8000 level.but today,s market is expected to be bullish movement.the closest resistance is 8195 level the major resistance level is sill at 8400 range.lets wait and see today,s nifty but still the trend is in bearish
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This will be helpful for understanding the short term market movements
nifty has breaked the support level showing evidence of bullish trend but today’s ended at fibonacci retracement level 61.8% for the past total bullish rally (7539.5-8336.3)
sir if we can upload photos and screen shot’s it will be easy to share information thank you