Wednesday 2 July 2008

MARKETS BOUNCING FROM TRENDLINE SUPPORTS


A closure view of trendline supports & bounce from there, chk out other figure & know tht from where the trendline comes.








MAJOR TRENDLINE SUPPORTS 4 MKTS AS SEEN IN FIGURE, 2DAY MKTS BOUNCED BACK SHARPLY FROM THT SUPPORTS.
After many days we are posting charts on this website, markets saw a sharp downside once all major supports are broken like 15800 , 14500 etc. Now all this supports wil act as resistances for markets. 2 day markets took imp support from long 4 years trendline.
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