Technical Levels:Nifty and BGR energy
Nifty Hourly
Nifty gave a expected upmove yesterday as per hourly charts.5440 was a level of Support and we saw an expected upmove inspite of weak global cues.
Trade on System not on your emotion/Intutuion
Now For today Arrow Marks in Red should be intital point of Resistance @5521 move above that should take us back 5550 levels.
Till now we are in Trading range of 5440-5570 and still in sideways mode ,Trade with less volumes.
Nifty Fibo
Nifty Fibo should us both support @5434 and Resistance @5495 . Now Next levels of Resistance comes @5545 …
Read the full story »
Nifty gave a expected upmove yesterday as per hourly charts.5440 was a level of Support and we saw an expected upmove inspite of weak global cues.
Trade on System not on your emotion/Intutuion
Now For today Arrow Marks in Red should be intital point of Resistance @5521 move above that should take us back 5550 levels.
Till now we are in Trading range of 5440-5570 and still in sideways mode ,Trade with less volumes.
Nifty Fibo
Nifty Fibo should us both support @5434 and Resistance @5495 . Now Next levels of Resistance comes @5545 …
Read the full story »
posted by Bramesh at
8:46 AM
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