Thursday, December 26, 2013

January series 6295 spot is crucial price on closing basis !!!



Overview of January 2014 series:

The January series becomes the current month series from tomorrow and Nifty is poised to be range bound till the result season kicks in and around 9-10th January 2014 which could well be the turn date. Till then expect range bound movemebnt between support of 6120 and resistance of 6295. Various trendlines on the larger time frame converge around the 6120 support price. May the New Year bring in peace, prosperity, and profit to all.  Happy New Year and God Bless !!!