Nifty Technicals
Analysing Nifty using various financial tools and applying the principles to the chart
5 EMA : 2809 20 EMA : 2819 Wait for 20 EMA/5 EMA crossover to take longs. i.e...
Nifty is currently Trading Below 16 June 2006 low. So Possibly the Level 2868 could be act as a...
Trend Remains Negative with Resistance at 2796 Source: www.marketcalls.in
Trend Turns from positive to negative with 5 EMA Resistance at 2803. RSI-2 Dips below 50 shows increased selling...
Though majority of the indicators went into buy mode after closing above 2860 in nifty.But still it is unclear...
Nifty trend turns from negative to positive.But still the upside looks capped 5 Day EMA Support : 2744...
Nifty hourly charts shown Supports at 2580-2600(Lower Trendline) Source: www.marketcalls.in
Go short at today’s close if both the 5 and 10-day exponential moving average (EMA) cross below the 20-day EMA. Close...
Nifty Hourly shows a short term negative trend formation with intermediate support near 2620-2650 with respect to the time(remember...
Trend is negative with resistance at 2757.6 Source: www.marketcalls.in
Nifty negative trend contiues with resistance at 2779Falling RSI-2 also suggest the same.Still Poor Advance – Decline ratio :...
Trend Turns from Positive to Negative with Resistance at 2815As the RSI falling below 50 shows a fresh kickstart...
