Nifty daily chart
Nifty has breached resistance at 6220 now it is likely to reach 6300 .
Nifty medium term trend
| Trend | Up |
| Initiation Date | 09-10-13 |
| Initiated at | 6007 |
| High Since Change | 6269 |
Wednesday, 30 October 2013
Tuesday, 29 October 2013
Technical updates on Bank Nifty
Bank Nifty
Bank Nifty can face resistance at 11230 trade the break out.
Nifty medium term trend
| Trend | Up |
| Initiation Date | 09-10-13 |
| Initiated at | 6007 |
| High Since Change | 6252 |
Thursday, 24 October 2013
Technical updates on Nifty
Nifty
Nifty is facing resistance around 6230 . If it closes above this level then further rally can be expected
Nifty medium term trend
| Trend | Up |
| Initiation Date | 09-10-13 |
| Initiated at | 6007 |
| High Since Change | 6252 |
Tuesday, 22 October 2013
Technical updates on LT
LT
LT is expected to be in uptrend as long as it is above Rs.900 . I am unable to upload chart due to technical reasons please visit FB page to view the chart.
Nifty medium term trend
| Trend | Up |
| Initiation Date | 09-10-13 |
| Initiated at | 6007 |
| High Since Change | 6218 |
Monday, 21 October 2013
Technical updates on Nifty
Nifty daily chart
Nifty has reached 6200 and whenever it reaches this level some people talk about new high . But according to me it is time to book profit and wait for reversal .
Nifty medium term trend
| Trend | Up |
| Initiation Date | 09-10-13 |
| Initiated at | 6007 |
| High Since Change | 6218 |
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