Mega post for Gold and Nifty Trend

XL ( Excel ) Nifty Technicals for 15- April - 2013

Nifty trin (Daily):.0.95
Support:. 5500,  Resistance/Tgt:.5650

Previous Trading day's Trading Range:.99 pts
Daily Average Trading Range (10 days): 77 ( +02)pt

Global Factors:.
Local Factors:.

 Daily trend(as per XL trading system): down
Market Type(as per XL trading system): Bear Market
Warning Column(as per XL trading system):

below are Gold and nifty charts

 Daily Nifty Technicals Snapshot:

Rising wedge updated Nifty chart with target and support
Nifty XL trading system performance

 

International Gold chart with target and supports

Gold XL trading system performance