FREE NIFTY Technicals: Nifty Chart , Support & Resistance Levels, Market Breadth, Nifty Trends, Nifty RSI Analysis.
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 [...]
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Reading Glossary is recommended for better understanding of this column
Observations & Possibilities:
Market has resumed its Intermediate downtrend.
4850 & 4620 levels are possible on downside for Nifty .
Market has given poor weekly closing.
Intermediate trend of Nifty will turn UP if it closes above 5210.
The red trend line in the chart is important supply zone.
Moderate risk [...]
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