December 11, 2014

NIFTY Chart analysis

  • chart 2 shows crucial support zone around 8150 - 8180 zone.
  • Last chart shows price testing lower Bollinger band. Immediate resistance at 20 Day SMA.
  • First chart of nifty shows the consistency of the rising resistance line, 


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  2. The Multi Commodity Exchange, nickel for delivery in January month contracts gained Rs 4.40, or 0.43%, to Rs 1,027.80 per kg in business turnover of two lots.
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  3. THE EQUICOM PREMIUM CALL: BUY SPML INFRA LTD.ABOVE 112.00 TG-114.00/117/121.00 SL-108.00
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  4. Ruchi Soya Industries rallied 5.5% on reports that the government has hiked import duty on both crude and refined edible oil by 5%.
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