Final Very Important TL support at 5340 view this 2 year chart. I think Bulls will not surrender easily just we have to wait and see the close.[/QUOT
Chart has just proved it..!!
we can expect a bounce up to 5600..?? before fall to 5100... yes if it breaks 5300 that is what the chart is saying until it crosses 5600
Nifty 2008 fall to 2500 and to the raise up to 6300 of 2010. Just look at this chart how special to read it. WOW where we are now and the more probability of direction. Most possible support zone could be 4700 if Nifty breaks 5200.
TL. indicates the important's of 5650 level. We are at congested zone let it burst either side.