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Click to Enlarge Nifty Chart Nifty needs to sustain above 5000 to remain bullish on Tuesday. As mentioned earlier 5100-5200 is challenging supply zone for Nifty in the year 2012. Nifty is trading near those levels & 2% away from its target. Overall its time to protect profit on longs. Nifty’s Intermediate trend is Up. Nifty [...]
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Nifty has failed to hold 5080 today , sentiment is bearish now. Nifty need to sustain above 5130 to bring bullish sentiment back on Thursday. Protect Profit on long positions. There is moderate to high risk in fresh long term investment. Nifty’s short term trend is sideways. Nifty’s Intermediate trend is UP. Weak Stocks : Tata Power , [...]
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CLICK TO ENLARGE Nifty Chart. Traders can watch as 5750 resistance & 5660 as support on Nifty on Thursday. Nifty has failed to hold 5700 & have turned majority of the investments made in last four months in loss. Nifty might find it difficult to break 5640-5840 range. Nifty’s short term trend is down. Nifty’s Intermediate trend [...]
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Traders can watch 5840 as important support on Nifty tomorrow. 5950 to 6000 is important supply zone for Nifty. See the possible trading range in Nifty chart bellow. 5700-5750 range is a significant support region , bears might find it difficult to break it on downside. Nifty’s short term trend is down. Nifty’s Intermediate trend is down. [...]
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Click to enlarge the free nifty eod chart. Watch 5430 ,very important support on Nifty on Monday. Breaking it may trigger fresh short positions in market. Nifty remains in the tight trading range of 5350-5450. See in the nifty chart above. Watch RIL at 980-1000. Failure to hold that may create panic in Market. Market [...]
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