August 13, 2013

NIFTY Support and Resistance levels


  • Daily chart is trying to move up from a bullish engulfing pattern. Weakness on price falling back below 5557 levels.
  • Bullishness can only be confirmed on price closing above 5 Week High EMA.
  • last chart shows crucial support level in weekly chart. Bigger weakness only on price closing the week below 100 WSMA.
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1 comment:

  1. UnknownAugust 13, 2013 at 11:26 AM

    San gm...please watermark ur charts.. i saw somewhere they r copied and pasted in the name of someone in facebook ...i cannot provide the link as it is a secret group.. thank u for updating day in out...

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