>>> Click the chart to see on full screen <<<
It seems once again once again nifty enter into volatile trade. So again two alternative given here.
First alternative shows Resistance at 5922, if unable to cross may see a sharp correction below Support level 5826. The move shall be A-B-C.
Second alternative, if able to cross above 5922 and 5950 may see upmove till 5974 and 6048. The move shall be 1-5.
>>> LT - As given on 03rd Oct, 2013<<<
>>> Click the chart to see on full screen <<<
Wrote on 03rd Oct, 830 to act as a good resistance.
>>> Happened and Yet to <<<
>>> Click the chart to see on full screen <<<
Booked near First Target 800. More downside left if Resistance 830 is not taken out. Lets See
>>> BPCL <<<
>>> Click the chart to see on full screen <<<
Yes, Holding Short on BPCL. Lets See.
