Wednesday, November 18, 2009

Stock Market Today - RECAP

As i had writen, nifty went zig zaggin all through out the day.


It took support exactly near 5030 and moved up before succumbing to resistance at 5090.


ABAN rocketed to 1376 from 1352 a whopping 10k gain in a matter of minute even with


one lot. LIC housing did not perform at all.


Commodity levels given for this week (http://jerrytechnicals.blogspot.com/2009/11/commodities-this-week-gold-silver-crude.html)


are turning out be golden levels in crude oil , gold and silver. In strong bullish moves which coincidentally (:-)) started


from S1 level, crude has hit R2, Silver is above R4 and Gold is just 80 rupees shy of R4. Quite amazing.

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