February 15, 2013

NIFTY Chart update

  • Daily chart shown with the recent swing low of 5879 and the next support of 100 Day SMA if the swing low is taken out.
  • Weekly chart is shown with 20 Week SMA or Middle Bollinger band at 5834
  • Last chart shows the broken up trend line and the Horizontal support zone of 5815 - 5823. For a trend to reverse after a trend line break, price should break this horizontal support zone. So bulls can resume the up move again if they hold above 5815 - 5823 levels.
By at

3 comments:

  1. bullvsbearFebruary 15, 2013 at 8:42 AM

    As usual Nice one San!

    Could you please let a know a site for viewing indian Commodities Intraday chart..

    ReplyDelete
  2. SanFebruary 15, 2013 at 5:51 PM

    @sekar
    I am yet to come across a free site for Indian commodity. One cheap and best solution i can suggest is icharts.in

    ReplyDelete
  3. bullvsbearFebruary 15, 2013 at 7:47 PM

    Thanks San.. I using Icharts for Eod Charts,,

    ReplyDelete

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