Nifty breaks strong support at 4680 on closing basis – Technically can test 4500 in coming days

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Nifty breaks strong support at 4680 on closing basis – Technically can test 4500 in coming days

This article was posted on Dec 16, 2011 and is filed under Market News

Nifty has given a negative breakout below 4680 levels. Below chart explains it.. It had been bouncing back from 4680-4700 levels for long. Technically now seems can correct by another 100-150 points and could test 4500. Chart given below

nifty3

Note: The Credit of this post goes to the original witters of this post and not to NSEGUIDE

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