Nifty Weekly charts shows major resistance near 13 Week EMA i.e 2830 levels.
Market is struggling to cross those levels. Most turnaround are near to 13 Week
EMA as witnessed from the charts. Which is the breakout levels for Nifty to enter
into the bullish zone.
Related Readings and Observations
Nifty and BankNifty 90 min charts update for 9th Mar 2011 Nifty still in buy mode on 90 min charts with trailing support coming near to the 5490-5500. Similarly Bank Nifty too in buy mode with trailing support coming near to 10800 zone. Reverse […]
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Nifty Gann Fan Charts for 17 July 2009
Nifty though shoots above Gann Fan in todays opening session. But failed to close above the Breakout Fann line. So Possibly in Coming sessions 4240-4260 will act as a […]
Nifty and BankNifty 90 min charts update for 16th Mar 2011 Nifty turns to sell mode on 90 min charts with trailing resistance coming near to the 5500. Similarly Bank Nifty too in sell mode with trailing resistance coming near to 10800 zone. […]
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Nifty and Bank Nifty 90 min charts for 9th June 2011 Trading Nifty and Bank Nifty still in sell mode on 90 min charts and also trading very closer to the cloud resistance 5542 and 10840 respectively. Long your positions in Nifty and Bank Nifty if […]
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