Thursday, July 25, 2013

Nifty Technicals for 25-July- 2013

XL ( Excel ) Trading system Nifty Technicals for 25-July- 2013
Nifty trin (Daily):.1.48
Support:. 5900,  Resistance/Tgt:.6100
Previous Trading day's Trading Range:115 pts
Daily Average Trading Range (10 days): 81 (+4)pt

On 24-july 2013, Nifty Closed at:5,990.50 (-87.30 points) on account of profit booking, on 25july-2013, there can be shortcovering due to Futures and Option expiry.

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

 Daily Nifty Technicals Snapshot:

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