Tuesday, July 16, 2013

XL ( Excel ) Nifty Technicals for 16-July- 2013

XL ( Excel ) Nifty Technicals for 16-July- 2013
Nifty trin (Daily):.0.62
Support:. 5900,  Resistance/Tgt:.6100
Previous Trading day's Trading Range:58 pts
Daily Average Trading Range (10 days): 78 (-2)pt


On 15-july 2013, Nifty Closed at:6,030.80 (+21.80 points) on account of shortcovering by bears, on 16 july-2013, there will be profit booking.


 Daily trend(as per XL trading system):uptrend
Market Type(as per XL trading system): Bear Market

 Daily Nifty Technicals Snapshot:

XL trading system performance for Nifty
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