Skip to main content

NIFTY TREND ANALYSIS & LEVELS FOR TODAY

Updated for-Jul/12/2013 Nifty was on a bull trend and closed at 5935 level. So today the first resistance for nifty is at 5971-75 level. Next resistance ranges are at 6008-12,6030-35,6047-52,6069-73,6088-92 levels. On downside first support is at 5898-94 level. Next supports are at 5861-56,5834-30,5800-95,5780-75,5741-36,5722-18,5702-98,5670-65,5623-18,5590-85,5569-65,5536-32,5518-14,5497-92,5477-74,5445-41 level.Nifty is in bull region So today on upside intra resistance are at 5975 and 6012 level and on down side support are at 5894 and 5856.Below 5856 be very alert and avoid longs. 
Positional Support for NIFTY 5905 5872 5868 5838 5830 5824 5772 5764 and positional Immediate resistance for NIFTY is 5961.
Intraday Resistance of NIFTY are 6008.8 : 6069.9 : 6051.2 : 6067.4
Intraday Support of NIFTY are 5861.4 : 5800.3 : 5820.1 : 5804.2

Comments

Popular posts from this blog

NIFTY AND STOCKS UPDATE FOR 7 AUGUST

Markets at a Glance Indian indices are likely to open higher today largely mirroring positive Asian markets. The in-vestors will keep a close eye over the shares of DLF after the company announced its quarterly results post the market hours yesterday. The realty major has reported a 18% decline in its net profit at `293 crore for the quarter ended June 30, 2012. Meanwhile Asian shares are trading higher today, extending their previous session’s sharp rally on renewed optimism over possible European bond buying, after Germany backed the European Central Bank’s bond-buying plan, helped calmed worries of the Eurozone’s debt crisis. Further, Japan’s Nikkei advanced support-ed by well provided earnings. The commodities shares gaining strength tracking higher com-modities prices at LME. The SGX Nifty, Aug’12 contract last traded at 5,297, up by 3 points from previous session. Wall Street Update The US markets rose sharply on Monday after a lackluster trade, extended last week’s rally as...

INTRADAY BUY SELL TRADING NIFTY SYSTEM 14 AUG

INTRADAY NIFTY STOCKS AND COMMODITIES TRADING SYSTEM WITH AUTO BUY SELL SIGNALS PERFORMANCE ONJ 14 AUG