Nifty Chart - Hourly:
On the lower side Nifty formed a bunch of supports, 4785 may act as good support. 4760 - 4740 mat act as next immediate supports.
Thursday, September 10, 2009
Nifty Technical Analysis For 10th Sep 09
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Nifty Intraday Chart - 5 mins:
Nifty formed a Channel/Trading range, and it gave a break out from it. Later on it formed a flag with declining volumes. As it did not form any bearish pattern later on after the break out it is not a Terminal upthrust, so Nifty may reach 4860 level.
Nifty Chart - Hourly:
On the higher side Nifty may reach up to 4860 - 4865 levels but 4840 may act as intermediate resistance. Above which Nifty may move up to 4880 levels, and 4920 may be the next resistance
On the lower side Nifty formed a bunch of supports, 4785 may act as good support. 4760 - 4740 mat act as next immediate supports.
Nifty Chart - Hourly:
On the lower side Nifty formed a bunch of supports, 4785 may act as good support. 4760 - 4740 mat act as next immediate supports.
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3 comments:
Excellent analysis. the level you have said is reached right at opening - satheesh
Hi Doji,how are you. I could not find your email address so posting it here.
Can you please mail me at sstimamo@gmail.com
Thanks!
ss :)
Thank you satheesh.
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