Thursday 9 August 2012

Technical Analysis For 10/08/2012

Nifty-cmp-5322

Nifty closed on a slightly bear note at 5322. So today the immediate resistance for nifty
is at 5334 level. Next resistance are at 5357,5391 and 5413. On downside The first
support is 5301   other support are 5278 and 5245 at level.
So on next session of trading expected to bearish below 5300 even global market having sideway clue
true range(lower Level) support is at 5259 and At 20 day ema is 5233 a strong support.
Weekly Oscillator Analysis-The oscillator is sidewise
Daily Short Term Oscillator Analysis- downside


1 comment:

  1. Sebi slaps Rs 18 cr fine on 22 entities for round tripping funds, IPO fraud
    Infosys gains 3% as board to consider share buyback proposal on August 19
    CapitalStars

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