Tuesday, July 29, 2008

nifty fufure daily report 29july

2days back we expressed our view on astronomy cycle...mercury(bad boy) and sun coming on sreen 28july to 1augst .this has earlier indication volatiltiy too muchhigh on card.On one higher degree, current up move from 3800 is a corrective development to the earlier larger fall from 4550, which is bound to consume more time than the time consumed by the leg which is getting corrected. Hence, do not expect easy going with this up leg.yesterday mondy session was choppy and range bound and during market hour we have given messege
RAKESH CHANDRA (28/07/2008 14:29:21): triple top formation on 5mnt chart on nifty future arond weeky bulihs level..4357....above its safe only
now this triple top level wil act as resistnce.for lower side market level chek weekly report..