Saturday, October 18, 2008

NIFTY INTRADAY LEVELS FOR 17th OCT

Nifty looks great for an upmove only till 3250 is held, it can hit 3445-3490 levels for the day.

breaking 3250, weakness will set in, tgts are 3225-3195

now in the chart, if u see, we may go close to the upper trendline, and hit around 3457 levels before we continue with the downward jouney again. 

till we breakout of the upper trendline, we may fall hard anytime, play smart.

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