Nifty 50 stocks study charts

Friday, January 31, 2014

Nifty 31 Jan 2014 11:08

                                                       30 mins chart

Nifty trading sideways due to last day of the month trading session. There is a resistance near 6110 (low of Tuesday and Wednesday) which nifty is failing to cross. 

Tuesday, January 28, 2014

Nifty 28 Jan 2014 10:47 AM

                                                           30 mins chart

Nifty is holding the support of 6130 (shown with up arrow at the bottom) the same level where nifty took support on 18 Dec 2013 and then nifty touched a high of 6350 by 2nd Jan 2013. RBI coming in few mins may give nifty a clear direction.

Friday, January 24, 2014

Nifty 24 Jan 2014 10:51 AM

                                                   30 mins chart

Nifty touched the resistance of 6350 yesterday but today's gap down opening indicates if failed to cross and sustain above it. Nifty if fails to sustain above 6300 may go down further. 

Thursday, January 23, 2014

Nifty 23 Jan 2014 10:55 AM

                                             30 mins chart

Nifty is now near its resistance of 6350 from where it had fallen sharply in the beginning of the month to touch the level of 6150. Level of 6330 is holding the nifty and also acting as a support down side (shown with up arrows)

Monday, January 20, 2014

Nifty 20 Jan 2013 10:38 AM

                                                30 mins chart

Nifty may face resistance near 6310 and support near 6280 breaking either of which may give it further direction.

Thursday, January 16, 2014

Nifty 16 Jan 2013 10:09 AM

                                                      30  mins chart

Nifty is now trading near the level from where it fell sharply as seen in the chart. 

Tuesday, January 14, 2014

Nifty 14 Jan 2013 10:57 AM

                                                      30 mins chart

Nifty is facing resistance near 6275 if fails to cross this resistance then there may be some downside.

Monday, January 13, 2014

Nifty 13 Jan 2014 12:02 PM

                                                              30 mins chart

Nifty is holding friday's high of 6238 and if it sustains above it then there will be further upside. 

Friday, January 10, 2014

Nifty 10 Jan 2014 10:40 AM

                                                         30 mins chart

Nifty broke the resistance of 6190 and if it sustains above it then we may see a upward rally.