Nifty Technicals for 30-July- 2013 Tuesday.

XL ( Excel ) Trading system Nifty Technicals for 30-July- 2013

Nifty trin (Daily):.3.35
Support:. 5700,  Resistance/Tgt:.5900

Previous Trading day's Trading Range:60 pts
Daily Average Trading Range (10 days): 78 (-0)pt

On 29-july 2013, Nifty Closed at: 5,831.65 (-54.55 points) on account of profit booking and short selling,on 30-july-2013, there can be big fall (100-150 pts on nifty) in markets in 1-2 days, due to delivery based selling on friday and monday.

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

 Daily Nifty Technicals Snapshot: