Technical Analysis For 28/08/2012
Nifty-cmp-5415
Nifty closed on a slightly bearish note at 5350. So today the immediate resistance for nifty is at 5365 level. Next resistance levels are at 5384, 5418 and 5437. On downside The first
support is 5332 other support are 5313 and 5279 at level.
So on next session of trading expected to range bound between 5300 and 5400 .global market having sideway
sentiment- 27 August 2012: PCR_OI:1.39 PCR:1.11
27 August 2012 Premium: 12.15 Futures OI:23487300.0
Weekly Oscillator Analysis-The oscillator is overbought zone and its time to retrace downDaily Short Term Oscillator Analysis- downside
30min nifty chart
Daily nifty chart
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