Thursday 29 May 2014

Nifty channel update

Nifty

Weekly chart : 


Daily Chart:



  • 38 percent retrace of 6638 to 7563 @ 7210 , more weakness below same 
  • Trendline resistance and 5 day low ema at 7250 mild strenght above same
Best to your trading and investing :). Have a good day ahead. 


Regards, 
Sumit



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Happy Trading. 

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All the views and contents mentioned in this blog are merely for educational purposes and are not recommendations or tips offered to any person(s) with respect to the purchase or sale of the stocks / futures. I do not accept any liability/loss accruing from the use of any content from this blog. All readers of this blog must rely on their own discretion and neither any analyst nor any publisher shall be responsible for the outcome.

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