Trends Today » nifty techanical analysis 10 june 10 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 Market Watch http://www.trendstoday.in/2010/06/10/market-watch-6/ http://www.trendstoday.in/2010/06/10/market-watch-6/#comments Thu, 10 Jun 2010 11:51:08 +0000 Nishant Kalaskar http://www.trendstoday.in/?p=1638 Nifty Chart 10 June 10

Observations & Possibilities:

  • Inverted Head & Shoulder formed on Nifty chart.
  • Nifty remains in uptrend as long as its  holding 4960.
  • 5190 & 5400 levels are two targets for Nifty’s intermediate uptrend.
  • Any rally is a better exit opportunity for investors. Moderate risk in fresh long term investment.

Market Technicals

Market Breadth : 4.70

Market Trends : Short  term trend of market is up. Intermediate trend is UP.

Intermediate trend of market will turn DOWN if market closes bellow 4960 for Nifty.

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

Resistance levels for Nifty are  5125 , 5200, 5280 ,  5340 , 5400.


-Nishant Kalaskar.(9881575125)
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