Free Stock market / Nifty intraday tips

Watch out the level…!

Untitled-2-copy.jpg

Untitled-2-copy1.jpgLet see  Nifty future as per this weekly chart.

1) 38.2% Retrenchment created at 5596

2) 61.8% support taken at  level of 5090

3)moving to 50% trying to kiss now the level of 5401

As shown in chart Trend is possibly bearish

5401 is the key level from where downside view.

 weekly nifty 28-8-2013

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Mr.Guru is a registered investment advisor for Moneymunch, he is a regular guest on popular channels and writes for several newspapers and financial journals. They’ve black magic of stock market analysis because studied charts over 20 years.

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