March 18, 2013

NIFTY Chart update

  • Nifty will continue to favor bears below 50 Day SMA and Golden ratio.
  • Last chart shows daily line chart. Bulls are safe above the middle line of the channel. Once price closes below the middle line we could see a larger correction.
  • S&P 500 FUTURES CHART ANALYSIS
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1 comment:

  1. Markets Quantified
    NIFTY 18-Mar-2013
    Current Market Situation :

    NIFTY current close : 5835
    NIFTY resistance level : 5912
    NIFTY support level : 5756
    NIFTY sentiment : sideways
    NIFTY dominant cycle period : 18 days


    Levels Tomorrow :

    NIFTY intraday resistance 1 : 5860
    NIFTY intraday resistance 2 : 5888
    NIFTY intraday resistance 3 : 5929

    NIFTY intraday support 1 : 5811
    NIFTY intraday support 2 : 5783
    NIFTY intraday support 3 : 5742
    Markets Quantified

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