Thursday 2 August 2012

Technical Analysis For 03/08/2012

Nifty-cmp-5240

Nifty closed on a bull note at 5227. So today the first resistance for nifty
is at 5240 level. Next resistance are at 5252 and 5267. The immediate
support is 5225 On downside support are 5213,5198 and 5186 at level.
So today below 5200 we expect the short term down trend will be  continue and next average
true range(Upper Level) support is at 5163 and 20 day ema is 5186.
Weekly Oscillator Analysis-The oscillator is sidewise  

Daily Short Term Oscillator Analysis- sidewise















Nifty real time hourly chart price differ(real spot +spread margin)

BankNifty cmp-10380

intraday strong resistance 10468. if it cross and hold then next resistance
10428 , 
10475 and 10534 and The immediate support is 10370 while other supports
are 10321,10262 and 10214.
"trade with levels" BANKNIFTY

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