Nifty-cmp-5412.85
Nifty closed on a slightly bullish note at 5412. So today the immediate resistance for
nifty is at 5414 level. Next resistance levels are at 5433, 5452 and 5471. On downside The first
support is 5394 other support are 5375 and 5255 at level.
So on next session of trading expected to downside range bound between 5300 and 5400 below 5390 may move down side .even global market having no movementum and sideway
Sentiment- 22 August 2012: PCR_OI:1.45 PCR:1.3
22 August 2012 Premium: 18.25 Futures OI:26130250.0
Weekly Oscillator Analysis-The oscillator is upside
Daily Short Term Oscillator Analysis- sideway and now expected to move downside in daily chart .Nifty loosing movementum ,showing little bit overbought ATR range-(5470-5353)
Weekly Oscillator Analysis-The oscillator is upside
Daily Short Term Oscillator Analysis- sideway and now expected to move downside in daily chart .Nifty loosing movementum ,showing little bit overbought ATR range-(5470-5353)
Gold and silver were trading higher in early trade on Wednesday ahead of the outcome of the US Fed policy meet later in the day. capitalstars
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