Thursday, December 24, 2009

watch 5183 again

looking at the strength of yesterdays bull candle,,,this time around,, 5183 could be only a minor resistance.

and, if 5183 is taken out easily....than we are to see, 5326 soon.

readers must remember, that the rounding top pattern, that i suspected, could have been complete had nifty broken the support line, drawn on nifty chart, with the pattern.
and i also clearly wrote , that strong bearishness will be seen only after we close below 4860.

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