Nifty is in sale zone (below 10D EMA & 5D HEMA). It is getting support at 5640-5660 range (near 20D SMA). Further weakness below this range and strenth only above 5705-5720 range.
October 15, 2012
October 12, 2012
Nifty in Buy territory
Yesterday Nifty took support at 20D SMA and jumped to positive territory. Tough days ahead.
Correction from 5815 to 5636 was not that deep. So this bull run is set to show new highs.
Correction from 5815 to 5636 was not that deep. So this bull run is set to show new highs.
October 11, 2012
Nifty near 20D SMA
The correction is consuming more time. It seems like a flat
correction. Today Nifty closed at 5652. Immediate support being 20D SMA
at 5633. Next target is at 38% being 5587.
| Rise | 0.236% | 0.380% | 0.500% | 0.618% | |||
| Nifty | 5216 | 5815 | 599 | 5674 | 5587 | 5516 | 5445 |
October 8, 2012
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