Hanumanji

Hanumanji
Jai Hanuman Gyan Gun Sagar Jai Kapeesh Tihu Lok Ujaagar Ram Doot Atulita Baladhaama Anjani Putra Pavanasuta Naama

Wednesday, November 23, 2011

Nifty EOD 23.11.2011


So once again the hopes of a(much awaited) retracement were belied and Nifty's yesterday's pause remained a pause and did not turn out to be the SW4 retracement.
In fact now the previous support bands of 4720-4740; 4890-4910;5150-5170 have become bands of resistance and the ease with with all these have been breached, shows the strength of negative bias that market has acquired.

SW1=5400-5205=195
SW2=5205-5326=121
SW3=5326-4641*=685(351%) capable of doing max of 425% has looked unrelenting so far.

Have nothing concrete to suggest. So better leave it here.

Raghu

3 comments:

  1. dear raghu bhai how do i join FB as i have send the message on fb to sunny to join but seems no response . i am waiting for the response. could you please tell me to add so that i can learn and make money with all of you thanks vishal

    ReplyDelete
  2. Dear Vishal,
    Shall convey your msg. However,not everyone is making money over there---HHHHH

    ReplyDelete
  3. dear raghu bhai

    thanks my email id is vishalseth412@gmail.com

    ReplyDelete

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