Boom boom boom : Nifty looks strong | Weekly technical analysis.

by Chirag on August 1, 2009

in Uncategorized

NIFTY Showing some amount of strength.
The global cues are looking positive.

NIFTY Technicals :

NIFTY TRIN at 1.321
NIFTY Range – Between 4400 – 4850

Current Spot – 4636.5
Support – 4580 and 4505
Resistance – 4695 and 4790
Reversal from either of these levels would provide the opportunity to initiate fresh short positions. (Resistance)

NIFTY Short term target : 4750.



NIFTY Autogenerated technical analysis.

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