*A PULL BACK CAN BE EXPECTED FROM THIS LEVEL FOR A TARGET 3850 TO 4140* *Contrarian view: If the bottom trend line on RSI drawn rightly, connecting the 2 pervious bottom, The RSI is having a breakout in downward direction.*
* Also the price channel too have a down ward breakout .and horizontal RSI supp at 24 ie:2 point below the current level. taking the above in account if NIFTY trade below 3500 (yesterdays intraday support) it may further fall (1000 points channel height).* * But that can't happen all of a sudden in an oversold market. The west is still falling though I am expecting a small pull back up to Monday at least. Let us watch & see tomorrow.* ** * [image: logo2]* * padiyara <http://padiyaraa.blogspot.com/> <http://padiyaraa.blogspot.com/>* --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
