Following terms to find more information
stock technical analysis
technical analysis
technical analysis software
technical analysis stocks
the charts
trading charts
learn technical analysis
technical analysis charting
technical analysis charts
technical analysis course
technical analysis indicator
technical analysis of stock market
buy sell stock signals
stock market indicators
free stock market graphs
charting tools
nse technical analysis
online technical analysis
shares technical analysis
software for technical analysis
stock charting
stock market charts
stock market technical analysis
technical analysis of stock
technical analysis of stocks
technical analysis tools
technical analysis trading
technical analysis training
bar charts
books on technical analysis
bse charting
bse charts
online stock trading
commodity trading
stock market charts
technical analysis a to z
technical analysis candlestick
technical analysis charting
technical analysis commodities
technical analysis charts
technical analysis education
technical analysis explained
free technical analysis
charting software
candlestick charts
candlestick charting
charts graphs
commodity charts
currency charts
flow charts
flow charting
futures charts
stock charting
stock charts
bse technical analysis
charting bseindia
stock market guide
Free stock charts
stock market indicators
share market alerts
technical analysis indicator technical analysis india
technical analysis of stock
daily technical analysis
day trading technical analysis
fibonacci technical analysis
fundamental analysis
fundamental technical analysis
gantt charts
how to do technical analysis
intraday charts
intraday technical analysis
learning technical analysis
line charts
market technical analysis
nse charts
stock market chart
free technical analysis software
Free day trading techniques
technical analysis stock
technical analysis charts
technical analysis indicators
technical analysis of financial
technical analysis of shares
Nifty Resistance and Support
On 9 Dec 2009, we have mentioned the Nifty resistance at 5190 and support at 4950 and in this week nifty touched high of 5310. So after breaking resistance of 5190, Nifty went up till 5310 which is round 120 points in one month.
Coming week/month Resistance and Support of Nifty
At upside the Nifty is having resistance at 5350. Closing above this level and seeing further upside looks very difficult unless some big money from FII or some good news from Indian government comes into market or also some in policies.
At downside the Nifty is having immediate support at 5180, if it closes below this then it is expected to go down till its next support at 5120. If Nifty closes below 5120 level then its next important support is at 4950.
Please have a look on following technical chart to get more info.
In the month of Jan 2010
The companies will start announcing their Q3 results from coming week. The Infosys Technologies will declare its Q3 results on Tuesday 12 Jan 2010. So the rest of the days of January month will be volatile as markets will react to top companies results.
Technical chart of Nifty with Resistance and Support levels shown
Disclaimer: Information presented on this site is a guide only. It may not necessarily be correct and is not intended to be taken as financial advice nor has it been prepared with regard to the individual investment needs and objectives or financial situation of any particular person. Stock quotes are believed to be accurate and correctly dated, but www.intradaystocktips.org does not warrant or guarantee their accuracy or date.
www.intradaystocktips.org takes no responsibility for any investment decisions based on recommendations provided on website.
Financial contents like Technical charts, historical charts and quotes are taken from NSE and Yahoo sites.
Note - All quotes are delayed by 15 minutes.
Google Adsense Ads are posted on every page of the website so visitors clicking on Ads and going to those links and carrying any financial deal is not at all related to www.intradaystocktips.org and any financial deal should be done on their own sole responsibility.
Please read at www.intradaystocktips.org/disclaimer.php before using any material or advice given at www.intradaystocktips.org
Copyright © 2010 intradaystocktips.org. All Rights Reserved.
(Posted - 07 Feb 2010)
Where Markets are moving?
Your Trading Place
Where Markets are moving?
(Posted - 10 Jan 2010)
Coming week/Month Market trend
Nifty is trading at very important level which is 200 DMA (daily moving average).
In the year 2008, after breaking this level in downward direction, Nifty dropped till 2500 level.
In the year 2009, after breaking this level in upside direction, Nifty touched the high of 5300. Nifty has provided almost 100% returns in the year 2009.
In this year 2010
In the year 2010, Nifty has corrected from 5300 to 4700.
The 200 DMA for Nifty is at 4630 and currently it is trading above 4700.
Watch the level of 4630, as long as Nifty trades above this level it is expected to be safe and closing below this level may take Nifty to 4450 or even till 4250 or even lower.
In coming week/month the Nifty is having following Support and Resistance levels.
Resistance - 4950
Support at - 4630.
(The following figure will provide clearer picture)
Markets will take clue from Budget announcements which are expected in the month of March 2010.
