NIFTY LONG TERM SUPPORT- UPDATE

On august 9th 2011 I had posted a chart showing that there is long term support at 4760 and to watch this level for support. We are already nearly 200 points above this after closing around 4760. Now remain long and enjoy the ride as long as Nifty closes above weekly 200 DMA which is presently around 4829.
Click on the link to read the post of 9th August http://nsefutures.blogspot.com/2011/08/nifty-long-term-support-level-august.html