July 27, 2012

NIFTY Resistance levels



  • Nifty's counter trend move happening at a faster rate. But price is catching up with resistance levels.
  • From 5150 - 5156bulls must deal with 100 Day SMA, 5 Day High EMA 
  • If price crosses the above mentioned level then the GAP and the Falling resistance line will come into play. 
  • For a possible trend change price must sustain above all these levels.


1 comment:

  1. dear san...

    nice work..
    plz. visit http://niftysense.blogspot.in/

    wats ur e-mail id???

    ReplyDelete