Wednesday, May 23, 2012

Below 4889 5DEma & pivot, weakness persists

Nifty may be headed to channel support @ 4735 range. Below which wild bearishness may show up.
4750 is 80% retracement of the rise from 4531 to 5630. A good support may emerge in this region 4750-4735.

NIFTY:
OI:

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