July 8, 2013

NIFTY Chart analysis

 
 
  • Nifty daily chart shows price pausing near 50% Fib level and 50 Day SMA. These levels must be crossed for the next target which is the Golden ratio(61.8%).
  • 5 Week High EMA at 5924 is also a crucial area to cross for increasing bullish momentum in weekly chart.
-->
By at

4 comments:

  1. madamuniramaiahJuly 8, 2013 at 8:11 AM

    DEAR SIR
    GOOD MORNING.
    YOUR CHARTS ARE IMPORTANT FOR ALL
    THANKS

    ReplyDelete
  2. ramJuly 8, 2013 at 5:46 PM

    DEAR SAN I AM SHORT IN CRUDE FROM 6085. SHALL I WAIT TO COVER OR BOOK LOSS. PLEASE GUIDE ME .

    ReplyDelete
  3. SanJuly 8, 2013 at 6:18 PM

    Ram
    I am expecting some correction in International Oil prices this week.

    If USDINR Too starts to fall or correct you may get your rates this week.

    I am not following Indian crude prices for some time now. So its tough to give levels.

    ReplyDelete
  4. ramJuly 8, 2013 at 7:35 PM

    THANK U VERY MUCH SAN FOR YR GUIDANCE. I AM EXPECTING EARLIER RESISTANCE OF 100.4$ NOW AS SUPPORT THEN MY PRICE MAY COME.KIND OF YOU.
    REGARDS,
    V.RAMESH

    ReplyDelete

Subscribe to: Post Comments (Atom)