Thursday, May 24, 2012

Nifty gets support at 4810-4800

Nifty is getting good support at 4810-05 of fibbonaci retracement level of 76.4 on its daily charts. Bouncing back to upside after these levels while market has failed to close below this levels for last three days if market sustains above this then we can expect a bounce back upto 4970.

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