Nifty technicals
NIFTY Outlook
- Nifty has made a new yearly high in a stocks specific rally today. RIL is weaker than market.
- Nifty may test 5300 level in next few days.
- 5465 & 5620 levels are possible targets for Nifty on upside.
- The 5300 & 5350 are good support for Nifty.
- Moderate to high risk in fresh long term ( 1 to 3 years) investment.
Market Technicals
Market Breadth : 1.20
Nifty Trends : Short term trend is up. Intermediate trend is Up.
Nifty Trend Reversal Point : 5225
Support levels for Nifty are 5200 , 5125 ,5050, 5025 , 4960 , 4840, 4680 , 4620 , 4200 , 3500.
Resistance levels for Nifty are 5280 ,5340 , 5400 , 5700.
Nifty Support levels are 5300 , 5280, 5250, 5180, 5150
Nifty Resistance levels are , 5330 , 5400 , 5470 , 5530 , 5650.
Nishant Kalaskar (9881575125)
Tags: nifty outlook, nifty rsi, nifty today
This entry was posted on Monday, July 12th, 2010 at 6:24 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.
Leave a Reply