XL ( Excel ) Nifty Technicals for 11-July- 2013
Support:. 5800, Resistance/Tgt:.5900
Previous Trading day's Trading Range:77 pts
Daily Average Trading Range (10 days): 87 (+2)pt
Daily Average Trading Range (10 days): 87 (+2)pt
On 10-july 2013, Nifty Closed at: 5,816.70 (-42.30 points) on account of overbought trin.
On 11 july 2013, Markets will have shortcovering by bears. Guess the Nifty's closing for today?
(Hint:include trin+ Add average trade range to previous close= for today's nifty close.)
Daily trend(as per XL trading system):uptrend
Market Type(as per XL trading system): Bear Market
Daily Nifty Technicals Snapshot:
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