Friday, May 18, 2012



At last Nifty came out of the Channel - Seems to have completed sw(3) - which is almost 261.8% or sw(1) - exactly at 4790. Thanks to SBI results which is more than expected - Hope Bank Nifty may help Nifty to rally Next week.

Important Levels for Next Week:- Resistance :- 4920 - 5000 - 5065 - 5130.

Above 4920 Shall be treated as a break Out and the Rest of the Levels are Targets - Next Week.

Lets See!!!