Technicals

Nifty's support of 5630-45, till yesterday will act as resistance now. It is retracing now from 5620 range.
Nifty SAR for tomorrow 5659.  

I have limited / reduced the technical studies to:
1) 10 D EMA / SMA
2) MACD
3) TRENDLINE

BUY TCS:  MACD CROSSOVER, ABOVE 10 D SMA
BUY INFOSYS : ABOVE 10 D SMA, (ON SUSTAINING ABOVE 2370)

NIFTY BREAKS DOWN

Nifty has finally broken below the range and trading around 5600. Now SAR is at 5684.

Nifty squeezed-Must break this range for direction

Nifty closed above 5d HEMA, 10d EMA

Nifty closed above 5d HEMA, 10d EMA. Because of the sideways movement for last so many days, this close above 5d Hema is important. A buy signal (5684 being protected)

18-10-12 High Low Close 10D EMA 5D EMA 5D HEMA 5D LEMA Nifty 5722 5651 5719 5684 5686 5711 5640 Bank Nifty  11595 11364 11586 11414 11449 11513 11319