Saturday, December 22, 2012

Nifty P&F (Wk 2412-2812) - Turned down, support 5800, next 5715!

Recap:

Above 5670, it went up 250+ points.

Weekly Analysis:


Daily Analysis:


Summary:

Daily Down, Weekly not yet down. Channel support in daily chart at 5800. However, if broken, VPO is targetting 5715!

Breaking further (5685) will threat the uptrend.

Happy Christmas!!!

4 comments:

  1. Hi !

    Can you pl update for this week ?

    Kalyani

    ReplyDelete
  2. WISHING A VERY HAPPY & PROSPEROUS NEW YEAR .

    With Warm Regards
    RV

    ReplyDelete
  3. Good blog, very useful content and information shared .you can also Check nifty

    ReplyDelete
  4. Thanks AAR VEE. Wish you also a Very Happy & Prosperous new year.

    @Kalyani,

    Will surely do.

    ReplyDelete