Nifty 50 stocks study charts

Thursday, July 31, 2014

Nifty 31 July 2014 3:09 PM

                                                                5 mins chart

Nifty after consolidating between its life time high and the level of 7750 broke down consolidation and now it is bearish.

Nifty 31 July 2014 9:35 AM

                                                                     5 mins chart

Nifty looks sideways after it brok out of resistance  at 7750 (now it's support and shown with thicker yellow line). Nifty may remain range bound if trades between its life time high and support at 7750.

Wednesday, July 30, 2014

Nifty 30 July 2014 9:47 AM

                                                           5 mins chart

Nifty below 7550 (red line) is a bearish. It may fall down further.

Friday, July 25, 2014

Nifty 25 July 2014 2:51 PM

                                                5 mins chart

Nifty if holds yesterday's low at 7773 then it may go up little further from current levels. Nifty has honored the strong support 7750 (shown with thick yellow line) as shown in the chart.

Nifty 25 July 2014 10:34 AM

                                                                          5 mins chart

After opening flat nifty slipped below very important level of 7808 which it honored twice in last two days and broke out  in the second half of the session yesterday to close at 7830. Nifty to remain bearish below the red line (shown in the chart).

Thursday, July 24, 2014

Nifty 24 July 2014 12:11 PM

                                                              5 mins chart

Nifty is facing resistance near its lifetime high of 7808 and support at 7554. Nifty unless and until break one of these levels and sustains there it is going to remain sideways.

Wednesday, July 23, 2014

Nifty 23 July 2014 2:07 PM


 nifty 5 mins chart

Nifty is near yellow line which may act as a support and red line which is yesterday's high may act as a resistance. Nifty just broke yesterday's high after failing to cross its lifetime high at 7808.

Friday, July 18, 2014

Nifty 18 July 2014 12:29 PM

                                                          5 mins chart

After consolidation nifty has managed to resume its up trend. If all key levels are held we see nifty going higher to touch 7700.

Wednesday, July 16, 2014

Nifty 16 July 2014 11:21 AM

                                                           5 mins chart

Level of 7557 (shown with yellow line) is a decider level above which nifty has a upside till 7695 (red line). Below this level there will be significant correction.

Tuesday, July 1, 2014

Nifty 1 July 2014 9:40 AM

                                                              daily chart

Nifty has broken out if a triangular pattern which indicates more upside from here. Traders should go long with stop loss as per their risk.