Sunday, September 08, 2013

Technical Forecast for 10 - September - 2013 for Nifty with charts

Technical Forecast for 10 - September - 2013 for Nifty

On 6-September-2013, Nifty Closed at:5,680.40 (+87.45) on account of short covering due to long weekend and holiday on Monday. On 10-September-2013,this week, Nifty will be in range bound trading zone of 5800-5600.

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

 Daily Nifty Technicals Snapshot:

short term trend chart of nifty, from january 1st, 2013 onwards, head and shoulders pattern clearly   visible with a target of 5000 on Nifty index.
January 2013 onwards nifty chart
Trade Performance of XL trading system
Timeline returns negative for nifty, start of negative returns for nifty
Timeline returns negative for nifty
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