Today's close was with a Bullish undertone, yet not decisive as it failed to close above the important price level of 5540. But importantly Prices have closed above the Weekly volume resistance of 5510 level as well as 50dma.
Showing posts with label intraday chart. Show all posts
Showing posts with label intraday chart. Show all posts
Thursday, March 24, 2011
Wednesday, March 23, 2011
Nifty Trading for 24-03-11
As expected yesterday ,The SAR of 5450 gave a long trade with entry at 15 min ORB break on the upside.Today's close was above the 5dHema as well as 20dema.
Tomorrow's trade will be important for the short term reversal . Following are important observations that will help in Nifty's trading tomorrow.
Tomorrow's trade will be important for the short term reversal . Following are important observations that will help in Nifty's trading tomorrow.
Tuesday, March 22, 2011
Trading Notes
Last two days of Nifty trading has not produced the impulse down below 5360 and neither has crossed the 5430 level as analyzed in the Weekend Post - CLICK HERE for the detailed analysis and insight.
Following are the developing observations -
Following are the developing observations -
Thursday, February 17, 2011
Wednesday, August 11, 2010
Intraday
Keep a s/l below today's low of 5440 and go long ,may test day's high or a new one if 5440 holds.
Subscribe to:
Posts (Atom)
