Hourly chart of Nifty Futures:
Nifty managed to stay in the range 4120 to 4055 levels. In intraday there was an attempt to break the big gap support with good volumes and the test is successful, which is giving a small hint that the probability of going upside and possible range breakout has increased a little bit.
8 comments:
dear doji thanks for dlf view.can you give chart and view of infosys because results and guidance of infy tomorrow
Respected sir,
I am seeing your site everyday as a guidance and i like your thoughts to share such kind of technical knowledge which are helping the new bias of technical analysis like me,plz do not leave such a very goooood job which are helping everyone who are seeing your site.I have a humble request to you sir plz kindly tell me which software you used to show graph,reply awaiting.
Vijay Shinde.
Vijay.pshinde@yahoo.co.in
suzlon chart is showing AB=CD CHART PATTERN MIGHT GET support at 78 and can give good bounce
@jayrang,
I avoid trading stocks in news, I believe stocks dont follow short term technicals very well under external influences. However, infy is in a trading range and tested the support level today. I think there is a some up move ahead technically. Good luck.
@viju,
Thanks for nice words. I am using amibroker for charting.
Doji
Hi Jayrang, Nice catch! I too think it might take support for the gap (~79 levels). Lets see how it goes. Need to look for a good entry signal and not to rush as the market is weak right now.
Doji
hi doji.... tell u something.. the first thing thats very attractive abt the site is the colour and the layout ... its beautiful :) ... and ur trading analysis is superb too :)
doji... if u please post the AFL of the "price chart" that u are using ... it looks good :)
Thanking in anticipation
Saurabh
@kurichh,
Thanks for your nice words. Will post my price afl tonight.
Doji
Post a Comment