Monday, April 27, 2009

SUPPORT AND RESISTANCE FOR NIFTY

The pivot point for nifty is @ 3468 . First resistance is @ 3516 , r2 @ 3568 , r3 @ 3616 .
Support comes @ 3416 . s2 @ 3368 , s3 @ 3316 .
Pivot point is a point where major buying and selling takes place. So, pivot point acts as major resistance and support as the case may be.

trade well.

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