Tuesday, September 27, 2011

NIFTY VIEW FOR SHORT TERM

Watch the blue lines of Gann Angles on Daily Nifty.The boundaries are marked mainly from the top of Novemeber 2010 of Gann Angles 2x1(resistance) and 1x1(support).Also from top of Jan 2008 of 4x1 forming support.Also we seem to be taking support along the Gann Angle 4x1 from Nov 2001.This may trigger short covering for the time being.
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