February 3, 2013

  • Daily chart shows resistance at 50 Day SMA.
  • Weekly chart continues to get support at 100 Week SMA.
  • Last chart also shows price resistance level between 164.14 - 164.62. Holding above 100 Week SMA Price may soon give a breakout above the falling resistance line.

1 comment:

  1. NIFTY 01-Feb-2013
    Current Market Situation :

    NIFTY current close : 5999
    NIFTY resistance level : 6158
    NIFTY support level : 5912
    NIFTY sentiment : positive
    NIFTY dominant cycle period : 18 days

    Levels Tomorrow :

    NIFTY intraday resistance 1 : 6024
    NIFTY intraday resistance 2 : 6053
    NIFTY intraday resistance 3 : 6095

    NIFTY intraday support 1 : 5974
    NIFTY intraday support 2 : 5945
    NIFTY intraday support 3 : 5903

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