Nifty Technicals
NIFTY Outlook
- Nifty RSI (7) /Short term indicators are not supporting the up move on Nifty. Caution Suggested.
- Nifty may test 5300 level in next few days. Sentiment will remain bullish as long as nifty is holding 5355 .
- 5460 & 5620 levels are possible Nifty targets on upside.
- Moderate to high risk in fresh long term ( 1 to 3 years) investment.
Market Technicals
Market Breadth : 1.60
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 5355 , 5300 , 5280, 5250, 5180, 5150
Nifty Resistance levels are 5400 , 5460 , 5530 , 5650.
Nishant Kalaskar (9881575125)
Tags: nifty rsi, Nifty target
This entry was posted on Tuesday, July 13th, 2010 at 5:16 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.
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