Nifty has given a breakout after the consolidation of ten trading sessions, which indicates some more upside from here. Level of 6560 is a very important level down level ad should act as a support.
Tuesday, March 25, 2014
Nifty 25 March 2014 8:16 AM
Nifty has given a breakout after the consolidation of ten trading sessions, which indicates some more upside from here. Level of 6560 is a very important level down level ad should act as a support.
Tuesday, March 11, 2014
Nifty 11 March 2014 10:34 AM
Rising triangle says some more correction in coming days. Nifty faced resistance near yesterday's high.
Friday, March 7, 2014
Nifty 7 March 2014 3:01 PM
Nifty broke the resistance (refer to previous chart) and now trading all time high. This is a pre-election rally as expected.
Wednesday, March 5, 2014
Nifty 5 March 2014 9:36 AM
Nifty has opened gap up near 6332 which was the high on 24th Jan 14's gap down opening from that day on nifty started its down trend to touch low of 5933 on 4th Feb 14. Thus 6350-6330 is a strong resistance zone upside.
Tuesday, March 4, 2014
Monday, March 3, 2014
Nifty 3 March 2014 10:52 AM
Nifty has closed above an important level of 6244 which was acting as an important support and resistance. It was the level where nifty formed a base to touch resistance of 6350. It is a positive sign.
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