SGX Nifty Crashed trading below 4900 levels

SGX Nifty 5 min Chart

Currently SGX Nifty is down more than 250points from yesterdays levels and the global cues are strongly unsupportive. Nifty EOD Supports are near the zone 5000-5020 levels breaking this on EOD basis could result in more weakness in the system. Traders can wait and go for buy if nifty holds 5000-5020 zone on EOD basis.

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Rajandran R

Rajandran is a trading strategy designer and founder of Marketcalls, a hugely popular trading site since 2007 and one of the most intelligent blog in the world to share knowledge on Technical Analysis, Trading systems & Trading strategies. More From Rajandran R »

3 comments… add one

  • brijesh August 9, 2011, 9:02 pm

    Thanks a lot for this MT4

    Reply
  • rishigarg November 8, 2013, 10:24 pm

    whatthenextlevelofnifty

    Reply
  • sameer November 13, 2013, 6:12 pm

    Resp sir,
    i read your post related First Charting software & download it. but after installing it doesn’t connect to server and also there is no presence of Nifty chart and Stock. I am using GCI MT4. So plz give me the solution to operate first charting software with nifty and related stock with MT4 platform.

    Reply

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    • Rajandran is a Market Analyst and founder of Marketcalls, one of the most intelligent blog in the world to share knowledge on Technical Analysis, Trading systems & Trading strategies.