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Click to ENLARGE Nifty Chart. 2.03 pm, 7Jan11 : Nifty has broken important support of 6000. High chances of Nifty starting fresh intermediate downtrend. Nifty’s short term trend is down. Nifty’s Intermediate trend is up. Nifty Target : 6300 , 6600. Resistance for Nifty : 6100 ,6150, 6190 , 6210 , 6240. Support for Nifty : 6070, 5980 [...]
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Click to Enlarge Niftychnicals Expecting profit booking from traders in some of the stocks on Monday. Bulls need to crush 6040 and Bears need to crush 5930 on Nifty to take fresh charge of market. Market outlook remains positive for investors as long as Nifty is trading above 5750. Nifty’s short term trend is up. Nifty’s Intermediate trend [...]
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Click to Enlarge the Chart 2.05 pm , 6 Aug 10 : Sharp selling in German Dax. 8.10 am , 6 Aug 10 : Global Trend is weak and down at present. Watch 5430. Nifty is back in the range of (5350-5450). Chances of yesterday’s breakout failure are there now. Some stocks may recover on Friday only [...]
Tags: global trend, nifty resistance, nifty support, nifty techincals, nifty tocay, technical analysis of nifty
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