NIFTY TODAY : EPISODE 172

NIFTY TREND FOR 12-09-2012

MAJOR RESISTANCE LEVELS : 5413-5436-5477

MAJOR SUPPORT LEVELS       : 5350-5307-5286

MACD  turned into bullish trend from bearish as we expected yesterday. RSI still remains neutral. Nifty could break Middle Bollinger Band and it aims Upper Bollinger Band, 5450 levels. Anyway, there is chance for  closing in red today.

Nifty  (  11-09-2012  )  :  5390

GOOD LUCK....................

NIFTY TODAY : EPISODE 171

NIFTY TREND FOR 11-09-2012


MAJOR RESISTANCE LEVELS : 5376-5391-5405
MAJOR SUPPORT LEVELS       : 5348-5332-5319


Nifty closed at an exact neutral level. Though MACD still shows negative trend, it became weaker than yesterday. RSI indicates neutral trend. Nifty broke Middle Bollinger Band and it may bullish ( at least tomorrow ).

Nifty ( Closing ) : 5363.45

Indian markets closed on a flat note as the same trend seen in most of Asian and European markets. India VIX index closed at 15.27 with .51 points increase.

NIFTY TODAY : EPISODE 170

NIFTY TREND FOR 11-09-2012

Major Resistance Levels : 5383-5405-5443

Major Support Levels          : 5322-5283-5262

Nifty closed at Middle Bollinger Band ( 5358.70 ). MACD shows bearish and RSI indicates neutral trend. 

Indian markets are slightly bearish. But, the decision can be taken only after opening it.