Trends Today

Nifty Technical Analysis

Nifty trading with very low Volatility , lowest in last two years.

Nifty’s  performance  is weaker than Nasdaq in last one month.

Market Breadth : -

Market Trends :   Intermediate trend is UP.

Intermediate trend of market will turn DOWN if market closes bellow 5160 & 17323 for Nifty & Sensex respectively.

Support levels for Nifty  4985 , 4800 , 4 700.

Resistance levels for Nifty are 5180, 5330 , 5570 , 5630 ,  5740,5825 , 5950 , 6200

Reading Glossary is recommended for better understanding of this column.

This entry was posted on Tuesday, January 5th, 2010 at 5:41 pm and is filed under Daily Updates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.