Tuesday, July 21, 2015

Nifty Chart

Ttrade Support 8583-8580
Trade Resistance 8633-8638

Trend Support  8551-8547
Trend Resistance 8694-8707

Closing basis hold above the +ve breakout line is good for bulls
Trend +ve, momentum at obz.  so equal strength for bulls and bears.

Profit booking and buy on dip is the strategy in intra.

MF says some negative divergence with double top.
So expected some profit booking at every resistance.

+ve close must today with volume.

Print this post

No comments: