Nifty hourly trading for 20 August 2010

Nifty hourly view

Hourly charts of nifty remains the buy signal with cloud supports near 5427 zone.

Nifty Daily View

Daily charts of nifty remains the buy signal since 10th June 2010. i.e the recent buy signal right from 5075 remains in buy mode for more than 2 months .Current cloud supports are near 5354

Related Readings and Observations

  • Nifty maintains the hourly sell signal for 19 August 2010 Nifty maintains the hourly sell signal with resistance place at 5435 zone. And also spot nifty is holding the GANN Support zone 5410-5415 zone. As of now nifty nears the make or break kind […]
  • Nifty hourly trading for 17 August 2010 Chart shows that Nifty hourly mode @ GANN Supports zone 5417-5410. Breakdown below the support zone will target the next support zone 5200
  • Nifty hourly trading for 13 Aug 2010 Nifty hourly resistance still near 5466 zone and continuing the sell mode. Also in yesterdays action it nears the first GANN Support zone 5375-5370 region. As the GANN Supports are in […]
  • Nifty hourly trading and Trin Charts Nifty hourly trading shows the continuation of the buy mode with hourly supports near 5456. Also the rising trin charts shows that recently there are more declining stocks than the […]


  1. says

    Nifty Range for the month of september is likely between 5350 and 5600 with few points here and there. there is lot of option writing done in 5300 Put and 5600 Call. So one can consider buying in index near 5350 and can book profit near 5600 and can make fresh shorts from there. Best wishes Happy investing.

Leave a Reply

Your email address will not be published. Required fields are marked *