FOR THE TIME BEING, NIFTY WILL BE IN A RANGE-BOUND MOVE BETWEEN 5200-5400.
THIS RANGE-BOUND MOVE WILL BE NEGATED IF NIFTY MOVES BELOW 5177-5180 AND IN THAT CASE, NIFTY MAY HIT EVEN 5000 LEVEL. HOWEVER, ON THE UPSIDE, IF NIFTY BREAKS THE 5400 LEVEL DECISIVELY, WE MAY SEE 5600 LEVEL.
WILL BE OUTSTATION AND NOT ABLE TO UPDATE THE BLOG TILL DECEMBER 10, 2011. THE CHART WILL BE AUTOMATICALLY UPDATED.
