Nifty is currently Trading Below 16 June 2006 low. So Possibly the Level 2868 could be act as a resistance in
coming weeks on Weekly closing basis.
Related Readings and Observations
Nifty, Bank Nifty and DowJones turns to Buy mode on 90 min charts Yesterday Nifty,Bank Nifty and Dow Jones turns to buy mode on 90 min ichimoku charts with supports coming around 4971, 9414 and 11047 respectively- 7 Things a Trader Should Understand to Do Proper Backtesting Backtesting is a process of Testing the trading conditions with respect to the past historical data, evaluating not only the profitability of the system but the underlying risk factor […]
- Divergence 2016 – Daily Market Commentary 14th Jan 2016 Key contents discussed in the Divergence 2016 Daily Market Commentary – Trading Difficulties, Global Market Sentiment, Trading Sentiment, Open Interest Lookup, Market Profile Overview, Key […]
- Nifty and Bank Nifty February Future Overview – VI Nifty and Bank Nifty februrary future on the hourly charts is in positional buy mode on the interim budget 2014 event and currently the support zone comes near 6096 and 10435 respectively. […]
- Nifty 500 Tick Charts Update for 22nd April 2013 Nifty on the 500tick charts turned to postional buy mode on last thurday trading session. And currently the support zone comes closer to 5756. Reverse your position to sell mode if the […]
- Lies, Lies and Damn Lies – Download Lies, Lies and Damn Lies is a very popular guide to Investors/Traders in Option Markets. Now the Compete 10 Chapters are available for Download
Leave a Reply