Nifty Technicals
Analysing Nifty using various financial tools and applying the principles to the chart
NMA Signal turns to Buy in Nifty Daily chart Source: www.marketcalls.in
4945 holds a major supports. Failure to hold on EOD basis could target next support zone 4350-4400 Source: www.marketcalls.in
Immediate GANN Supports near 4895-4900 zone. Source: www.marketcalls.in
Resistance at 5050 and supports at 4880-4890 Source: www.marketcalls.in
Short Nifty if it opens below 5036. Next target could be the next GANN support zone 4780 Source: www.marketcalls.in
Nifty had produced a fresh NMA sell signal at 5042 as on 16 Dec 2009. One can short nifty...
Hold Longs(Intraday) only above 5060 or Hold Shorts(Intraday) only below 5005 No positions between 5005-5060. All thelines in Nifty...
GANN Supports zone near 5005. More weakness below 5005 as next support near 4780. Avoid longs if nifty dips...
Resistance Near 5205 and Supports at 4987. Ideal trade is Go Long only if nifty closes above 5120...
Resistance at 5180 and Supports at 4980 and 4750 Source: www.marketcalls.in
There is strong shift in OI Sentiment as there is a huge Open interest build up in 5200 calls...
Hold your longs with trailing stop loss of 5077. Exit longs or reverse position if Nifty closes below 5110(5 EMA) on...
