Technical Analysis Nifty,Andrew Yule,BASF Limited and ACC

Nifty Technical for Week Starting 2 August
Nifty Closed the Last week in red loosing 131 Points and taking support on 5 Week EMA on weekly charts as i have pointed in the chart above.5350 Levels on Nifty has proved to be a good support in past few trading sessions and a break and sustained below it i except a 100 points on Nifty whereas if we are able to cross 5415 in Nifty than we can accept a new highs in offing.
Nifty Support for coming week:5350,5318,5269 and 5225
Nifty Resistance for …
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