Monday, June 8, 2009

Closing above 4650 is new breakout.

If nifty closing above 4650 ,this is a new breakout in nifty for target 4800,5200. Now the nifty is moving in range of 4450 to 4620,on Friday it cross the range but not sustain ,nifty trying to cross this level & giving a fresh breakout.
If nifty don't sustain this level & closing below 4565 . There is chances to breach the 4450 level a fresh breakdown for target 4092 ,3750.
So watch this week for break the range of 4450 to 4620 for giving target.

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