Nifty Hourly shows a short term negative trend formation with intermediate support near 2620-2650 with respect to the time(remember it may vary with time).
Be cautious if nifty drops below 2620. Also have an eye on Yen as it is trading near 14 years low CMP : 88.2 . Possibly Yen carry trade could happen on monday
Related Readings and Observations
Nifty and BankNifty January Futures Overview – I Nifty is in buy mode since 18th Dec 2013 and currently the support zone is coming under 6241 and Bank Nifty is currently in sell mode since 12th dec 2013 and trading very close to the […]
Complete NSE EOD Database for Amibroker upto – 28th Dec 2011 Download Complete EOD database for Amibroker since the starting of NSE upto 28th Dec 2011
PushBullet : Now Send Push Notifications From Amibroker Prior to getting into the technical configuration it is good to know little about PushBullet Service. Pushbullet connects your devices, making it easy and automatic to share almost […]
10 State-Run Banks With Most Bad Loans This infographic shows the increasing number of borrowers struggling to repay their loan which resulting in bad loans for the state run banks. Among the state run banks State Bank of India […]
Will Gold Continue to Rally in 2014? Now gold is trading around $1343 & as we can see on charts, gold was able to provide a day close above 61.8% feb correction level of last long descending move from $1433 to $1182.
Hourly Nifty and Reliance Chart for 4th October 2010 Nifty Hourly Charts with buy signal during the first hourly of last friday and currently with Trailing stop loss near 6019. Reliance(Spot) Hourly Charts with buy signal with Trailing […]
Leave a Reply