Trends Today » Nifty outlook 29 June 2010 http://www.trendstoday.in JOIN Technical Analysis Course in Pune. Register NOW for FREE Nifty Technicals Email Thu, 09 Feb 2012 12:58:59 +0000 en hourly 1 http://wordpress.org/?v=3.1.1 NIFTY Today http://www.trendstoday.in/2010/06/29/nifty-outlook/ http://www.trendstoday.in/2010/06/29/nifty-outlook/#comments Tue, 29 Jun 2010 10:21:08 +0000 Nishant Kalaskar http://www.trendstoday.in/?p=1772 Nifty Chart 29 June 10

NIFTY Outlook

  • Green Trendline & 5260  is Broken by Nifty today.
  • Intermediate downtrend started for Nifty.
  • 5120 or 4950 levels are targets for currant intermediate downtrend.
  • Moderate risk in fresh long term(1 to 3 years) investment.

Market Technicals

Market Breadth : 0.45

Market Trends : Short  term trend of market is down. Intermediate trend is DOWN.

Intermediate trend of market will turn UP if market closes bellow 5370 for Nifty.

Support levels for Nifty are    5200 , 5125 ,5050, 5025 , 4960 , 4840, 4680 , 4620 , 4200 , 3500.

Resistance levels for Nifty are 5280 ,5340 , 5400 , 5700.


-Nishant Kalaskar.(9881575125)
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