Nifty Technicals for 1 - August - 2013

XL ( Excel ) Trading system Nifty Technicals for 1-August- 2013

Nifty trin (Daily):.2.01
Support:. 5700,  Resistance/Tgt:.5800

Previous Trading day's Trading Range:80 pts
Daily Average Trading Range (10 days): 78 (+1)pt

On 31-july 2013, Nifty Closed at: 5,742.00 -13.05 points) recovered from lows of the day on account of shortcovering and booking profit by bears.

 Daily trend(as per XL trading system):down trend
Market Type(as per XL trading system): bear market

 Daily Nifty Technicals Snapshot:

Trade performance for Nifty from XL Trade signal reporting system