Sunday, July 28, 2013

For Monday, Nifty Technicals for 29-July- 2013

XL ( Excel ) Trading system Nifty Technicals for 29-July- 2013
Nifty trin (Daily):.2.01
Support:. 5850,  Resistance/Tgt:.6000
Previous Trading day's Trading Range:75 pts
Daily Average Trading Range (10 days): 78 (-0)pt

On 26-july 2013, Nifty Closed at:5,886.20 (-21.30 points) on account of profit booking,on 29-july-2013, Markets will recover from lows of the day, may have shortcovering rally by bears and short sellers booking profit, but there will big fall in markets in 1-2 days, due to delivery based selling on friday.

 Daily trend(as per XL trading system):downtrend
Market Type(as per XL trading system): bull market

 Daily Nifty Technicals Snapshot:

Posted by at
Labels: ,

No comments :

Post a Comment

Subscribe to: Post Comments ( Atom )

Popular Posts for last 7 days

  • Excellent Trading School - 17- Understanding Options Contracts
    Options Contracts, Mechanism and Applications An option gives the holder of the option the right to do something in future. The holder ...
  • Sunny Leone as School teacher
    Stung by the poor performance of students in SSLC examinations, the department of public instruction has decided to crack the whip. ...
  • Tit - for - Tat
    On an early Thursday morning, an Indian rocket successfully launched into orbit a Spy Satellite (Risat-1) from the spaceport here in Andhra...
  • Spice - King of Good Times
    It was a 'high' spirited Holi celebrations that had passengers happily cheering, but the aviation regulator who is very secular, is...
  • Flying High In Air
    Passengers scheduled to fly in this peak summer holiday season faced uncertain times The aviation regulator has charged pilots with...

All Time Popular Posts