Earlier this morning the NF was resisted around VAL around 6166 levels. It invited strong seller action which got supported around the HVN at 6124, where some buying was seen again.
This round of buying was not strong to take the market above 6160 and the result is that we are currently back to 6124 levels.
We are watching these
Nifty : 6080-6124-6166
Bank Nifty : 12404-12540-12635.
Friday, October 8, 2010
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5 comments:
dear Viren where can i read about 80% rule?
Thanks
hi dear viren,
plz give view on bank nifty nowthis time
regards,
Alpesh
Bizagra -- ur id is very interesting!
Plz go through this link where Shai has explained the 80% rule on a weekly timeframe
http://www.vtrender.com/2010/08/80-there.html
Dear Girish, i do business in Agra that is why bizagra:):).
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