Nifty Technical Analysis
Nifty Hourly Charts:
As seen from Nifty hourly charts we are in for a bounce back which can last till 6145 levels. As most of indicators are oversold in hourly time frame we can except a decent bounce.
Nifty Daily Charts
As seen from Nifty Daily charts we are near 20 SMA from where we have seen a fast and furious bounce many times in recent past correction.1 Tgt will be 6145 levels as per hourly charts.Nifty Daily Pivots are as below
Pivot:6104
Resistance@6154,6258 and 6304
Support@6008,5954 and 5858
Till 6145 is not crossed and sustained we …
Read the full story »
As seen from Nifty hourly charts we are in for a bounce back which can last till 6145 levels. As most of indicators are oversold in hourly time frame we can except a decent bounce.
Nifty Daily Charts
As seen from Nifty Daily charts we are near 20 SMA from where we have seen a fast and furious bounce many times in recent past correction.1 Tgt will be 6145 levels as per hourly charts.Nifty Daily Pivots are as below
Pivot:6104
Resistance@6154,6258 and 6304
Support@6008,5954 and 5858
Till 6145 is not crossed and sustained we …
Read the full story »
posted by Bramesh at
6:46 PM
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