market trend today & free nifty chart

Nifty Chart
Click To Enlarge the NIFTY CHART
  • Nifty short term trend down. Intermediate downtrend started for Nifty today.
  • Market Breadth: 0.60
  • RIL Target price : 900 & 750.
  • (No. of Stocks in short term up trend) – (No. of stocks in short term down trend)= (137)-(106)=31. ( Condition:VOLUME > 5 Lacs)
  • Nifty Down side Target : 5260 , 5120.
  • Resistance for Nifty : 5460 , 5490 , 5570.
  • Support for Nifty : 5350 , 5320, 4980.
  • As written in last week European markets have started facing profit booking. This might continue for next few days. American Nasdaq Composite also started intermediate downtrend today.

Nishant Kalaskar

Trendstoday

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This entry was posted on Wednesday, August 11th, 2010 at 6:27 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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