Nifty Weekly Charts
On the weekly charts as per 5EMA high-Low strategy nifty is in sell mode for the past 7 weeks. And the RSI(2) and CCI(4) indicates oversold levels in Nifty Spot Weekly charts. and 5EMA Low at 5824. Nifty closing above 5824 on EOD basis will bring positive bias for the uptrend reversal.
Nifty Hourly Charts
Nifty hourly chart is in sell mode since 31st May 2013, Currently the resistance zone comes close to 5830. Overall it is better to reverse your position to long only if nifty trades above 5830.
Dear Sir,
In my charts in hourly it is showing buy at 5776.2 in nifty spot. Am i wrong
What level 5776.2 refers to?
Buy Indication is showing at 5776.2 in hourly
Which indicator you are using and what are the parameter settings?. Iam using intratrend for the hourly charts.
Sir,I am checking with the supertrend optimised afl in 1 Hour chart.
Good evening Sir.. I am long on Nifty futures using spot price from 5707 with SL at 5668 and tgt at 5870. your views pls.. thanks
My View has been already posted in the above article.
Thanks Sir! Truly, great view!
Dear Rajendran ji,
verry nice for showing the Nifty/comodity graph levels on your portal,
we/our groupappreciate it/like the showing levels (intraday)-very accurate.
I am regusting u that we are the 8 industialist(Havin all steel production units-every one) but we are online traders group besically from Aurangabad(Maharashra)/we work intraday purely/on Bulk Lot size/on very low Brokarage-in our registered Broker House–for our self (we dosen’t take cliant/other money)-we work for our own money/-We make a stratagy for gold/nifty as well as for crude—-to book the points more than currently 100 points in golg/nifty 25/30…& crude 45/50 points daily…..we are searching the good analyst paid parties /companys/who maintain the accuracy on good observation on exchange DATA……waiting your reply…..R.s.patil(09673787266)