Wednesday, October 29, 2014

Nifty Spot Hourly Chart EOD 28th Oct, 2014

Truncated ZZ a-leg after completion of 2nd corrective has implied bullishness. 8050-8080 is significant resistance, crossing which the old highes will be attempted. Nifty is overbought and the black money list submission to S.C is there at about 11 A.M , so caution needed.

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