08:29
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S&P 500 CHART UPDATED 13/11/2015 EOD....
AS PER INTRADAY UPDATE RECOVERY COULD NOT TAKE OUT THE OPEN OF THE DAY....
AND IT FIZZLED OUT QUICKLY HITTING THE REVISED STOP LOSS AT 2038.33....
TREND LEVEL FOR RECOVERY IS 2034.44 FOR FRIDAY 20/11/2015....
MAJOR RESISTANCE AT 2070.34 TILL 20/11/2015....
MAJOR SUPPORT FOR THE DOWNTREND TO CONTINUE IS 1999.52......
NEXT LEVEL TO WATCH ON FURTHER DOWNSIDE TILL FRIDAY IS 1947.57....
TRADING THE TREND MAY BE PROFITABLE....
HAPPY TRADING !!!
Analysis given with mandatory disclosure given on site on 03/12/2014.
Please read it before taking any trading decisions.......
Posted in: Nifty Tips
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