Friday, July 19, 2013

Nifty Chart

Position : Nil

Nifty Trade Support 5992-5978 Resistance 6042-6050
Nifty Trend Support 5958-5946 Resistance 6093-6110

Above the trend resistance minimum target 6251-6265

MACD just Crossed into +ve signal, RSI above 50, slope of the RSI
indicate +ve.  Above 6051 some bullish move for the minimum target
of 6093-6110, above that short covering will issue the target upto
6251-6265.

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