NIfty Weekly Chart 22-26 September.

By | September 21, 2008

WEEK GONE BY
Head & Shoulders Neckline breach saw target bottom of 3800 tested as anticipated. Also Market put a surprising 10%+ pullback from lows.
WEEK AHEAD
Double Bottom @ 3800 signals a medium term support. Any weakness could be used to trade long now. Weekly Support 4090, Weekly Resistance 4450-4560. Nifty Strong/Weak Above/Below 4200 for the week.

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