Nifty 50 stocks study charts

Wednesday, April 30, 2014

Nifty 30 April 2014 1:54 PM

                                                          5 mins chart

Nifty could not sustain above the trading channel and fell sharply. It may reach 6650 in coming sessions.

Nifty 30 April 2014 9:48 AM

                                                                   5  mins chart

Nifty broke down of trading channel (as seen in the chart) yesterday and now it managed to recover and come above it. If nifty remains above the channel it may go up further.

Friday, April 4, 2014

Nifty 4 April 2014 12:48 PM

                                                                  30 mins chart

Nifty after breaking out of a channel yesterday now trading sideways which may be an indication that it may go up soon.