Wednesday, June 12, 2013

Nifty Chart

Position : NIL

Nifty Trade Support 5764-5754 Resistance 5823-5830
Nifty Trend Support 5670-5666 Resistance 5877-5888

Technical analysis :
Triangle breakout for 216 points with break
even point at 5888 implies the target 5672
trend line from 4882 to 5477 is at 5672 coincide with target.

Swing supports : 23.6% of of 4531-6229 is at 5828

61.8% of 5477-6229 is at 5764
161.8% of 6229-5936 is at 5754



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