nifty technicals

Click To Enlarge the NIFTY CHART
  • 3.28 pm Wednesday : Intermediate downtrend started.
  • 7.42 pm Tuesday: Nasdaq Composite is trading at support of 2270. Lets see if it holds it or not.
  • RIL is in intermediate downtrend. RIL Target price : 900 & 750.
  • Watch 5430 on Nifty.
  • Nifty short term trend down. Nifty intermediate trend up.
  • Conservative Bull’s Stop : 5320 (Nifty)
  • (No. of Stocks in short term up trend) – (No. of stocks in short term down trend)= (165)-(99)=66. ( Condition :VOLUME > 5 Lacs)
  • Nifty Up side Target : 5630.
  • Resistance for Nifty : 5490 , 5570.

Nishant Kalaskar

Trendstoday

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This entry was posted on Tuesday, August 10th, 2010 at 6:51 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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