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.

June 20, 2013

NIFTY IN DEEP RED!!!!!!!!

WEEK CHART:



DAY Charts:

NIfty if finds support at 5630-50 - possibility of Bounce back - ELSE huge downsides -

retracements for 5477 - 6229
70.7% - 5697 - done
78.6% - 5637 - trendline support
80% - 5627
88.6% - 5562
113%- 5379

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