- trend is down on weekly charts
- support at 10000
- as expected, bulls defended this level strongly
- nifty gained 5% this week
- now expecting resistance around 11000
- possible H&S development... right shoulder being formed
- problems only if 10000 breaks otherwise nothing to worry
- support at 10000
- as expected, bulls defended this level strongly
- nifty gained 5% this week
- now expecting resistance around 11000
- possible H&S development... right shoulder being formed
- problems only if 10000 breaks otherwise nothing to worry
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