Showing posts with label Nity Chart. Show all posts
Showing posts with label Nity Chart. Show all posts

Monday, July 06, 2015

Nifty Chart


1st   H   8469,        closed 8377 - below 8469
2nd  H   8504,        closed 8398 - below 8469
3rd  H   8489,         closed 8458 - below 8469
4th   H   8467,        closed 8433 - below 8469
5th   H   8481,        closed 8453 - below 8469
  6th   H   8479,         closed 8444 - below 8469  


Hourly chart issue some profit booking

Trade support 8469-8464
Trend support 8436-8427
Below Trend support it will bounce back
 from 8411-8407

Trade resistance 8507-8511
Trend resistance 8529-8537
Above Trend resistance it will touch 8593-8600 
for profit booking






Wednesday, June 24, 2015

Nifty Chart

wait and watch for breakout above 8445 minimum for the target 8490-8500
closeabove 8400 will bring some short covering upto 8445 then 8500.

Thursday, January 30, 2014

Nifty Chart

Nifty Trade S 6070-6066 R 6140-6147
Nifty Trend S 6000-5997 R 6188-6190

As per expected nifty moves, {Triple top} at 6350,
May be today try to recover from  5970 [Triple Bottom]

Previous bottoms at 6030 and 5970.

Below 6100, nifty should be very weak up to 5900
That is 38.2% of 5118-6415.

Today F&O closing, So, expected huge volatility.




Monday, December 16, 2013

Nifty Chart

Nifty Trade Support 6141-6136 Resistance 6193-6200
Nifty Trend Support 6108-6100 Resistance 6237-6241

Highly Over Bought Zone hourly and Bounce back area in Fibonacci
In daily chart still there is no change in selling mode.  Expected Short
covering above 6250.

Trend-ve/Momentum+ve