Tag Archives: Nifty trendline support and resistance

Nifty Daily and Bank Nifty Daily Chart Technical Analysis

By | September 7, 2012

Nifty Nifty as  discussed yesterday has taken support at trendline support and formed a double bottom at 5217. Now trend is Sell on Rise till 5331 is not broken. SGX Nifty is suggesting a gap up opening till 5283-5295 is not broken in hourly basis trade with caution on long side for intraday. Buy above… Read More »

Nifty Weekly Technical Analysis for Week Beginning 15 July

By | July 15, 2012

As per Last Week Analysis Nifty made low of 5217 and High of 5349 as we discussed, Nifty has been grinding in a range of 5217-5249 for whole week, this is what happens when we have month of consolidation. Nifty Futures intraday players are having difficult time as nothing is happening,grinding in 20-30 points range.… Read More »