Monday 6 August 2012

Technical Analysis For 7/08/2012


Nifty-cmp-5282

Nifty closed on a bull note at 5282. So today the first resistance for nifty
is at 5297 level. Next resistance are at 5311 and 5329. The immediate
support is 5279 On downside support are 5265,5247 and 5232 at level.
So on next session of trading expected to bullish above 5300 even global market having positive clue
true range(Upper Level) support is at 5216 and At 20 day ema( 5199) a strong support.
Weekly Oscillator Analysis-The oscillator is sidewise
Daily Short Term Oscillator Analysis- uptrend












hourly chart

1 comment:

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