On Monday Nifty future gave a reversal sign ( Hammer at the bottom ). But we got confirmation yesterday after 3.00 PM only. Yesterday the pattern ( Piercing Line ) formed. It confirms reversal. We may see a pull back up to 4250 – 4320 levels. But the overall trend is Down.
The U.S. government agreed to lend as much as $85 billion to American International Group Inc. in exchange for a 79.9 percent stake to save the country's biggest insurer from collapse.
Major Resistance at 4162 / 4173 / 4208 / 4216 / 4248 / 4320.
Major supports at 4022 / 3973 / 3930 / 3890.
Wednesday, September 17, 2008
# NIFTY FUTURE for 17/9/2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment