This blog is my trading diary. It is an attempt to organise my analysis and thoughts. I follow the charting methods given in JUST NIFTY blog by Ilango sir and so the charts would have striking resemblance to his charts. I am indebted to Ilango sir for having made this blog possible for me.
March 7, 2011
Nifty got support near DLEMA
In 1st hour Nifty got resisted at 5486 near the D5EMA, and has found support at 5436 - channel support and near the dlema 5428.
Now slowly the premium is developing, and trading above 5456 will keepNifty back into channel.
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