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.

1 comment:

  1. 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...

    ReplyDelete