Pages

NIFTY Chart Analysis


  • Nifty daily chart getting support at 100 Day SMA. For bears this level must break for further breakdown.
  • Weekly stochastic is showing overbought levels and will be effective as long as price sustains below the falling resistance line.
  • For a bigger up move price must stay above the lines and 5370 level as shown in weekly line chart.
  • S&P 500 EOD UPDATE


0 comments:

Post a Comment

DISCLAIMER

All the contents of niftychartsandpatterns are for educational purposes only and are not Investment Advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures. Niftychartsandpatterns shall not be held responsible for the actions of individuals, parties, or corporations taken in response to the ideas, thoughts, concepts or information presented in this blog. Hence all the visitors are requested to apply their prudence and consult their financial or investment adviser before acting on any of the Ideas in this blog.