Tuesday 7 August 2012

Technical Analysis For 8/08/2012

Nifty-cmp-5336

Nifty closed on a bull note at 5336. So today the first resistance for nifty
is at 5364 level. Next resistance are at 5391 and 5432. The immediate
support is 5323 On downside support are 5296,5254 and 5227 at level.
So on next session of trading expected to bullish above 5340 even global market having positive clue
true range(lower Level) support is at 5270 and At 20 day ema( 5212) a strong support.
Weekly Oscillator Analysis-The oscillator is sidewise
Daily Short Term Oscillator Analysis- uptrend


2 comments:

  1. • REC enters into MOU Maharashtra State Power Generation Co. for extending financial assistance to the tune of 13,000 crore
    CapitalStars

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