Monday, April 11, 2011

SP UPDATE


--Short term uptrend is now terminated as Nifty is trading below 5810.
--In the short term, Nifty is now in corrective down move with targets of 5780, 5750, 5710.
--5780 and 5750 are overshooting retrachment levels of 5944-5810 swing and 5710 is corrective retrachment level of 5348-5944 swing.