Friday, December 12, 2008

CLASSIC REVERSALS DAY

Nifty followed the world markets , crashed in opening , took support at 2800-2820 zone , moved back over 2860 and rushed to close at 2921 and is poised to move towards 2950 zone.., if it sustains over this level we may be proceeding to the next level of 2990-3020, Strong support now lies at 2860 levels..break of which only will augur any weakness.Hope people following my blog enjoyed the levels being given..enjoy the profits and the weekend ..Cheers.

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