Aug 19, 2012

Nifty Daily Chart Update -21Aug2012


Daily and Weekly Trend is up above 5306(SAR)
Support are (5330-5343)-5280-5250-5160-5088-5040-5000-4950-4800
Resistances are (5377-5385)-5440-5498-5630
Piercing Pattern at 5164 ,5280 ,Change of polarity at 5280
Bearish Engulfing Pattern at 5390(Still  holding)
Break way Gap at 5220 was immediate major support 
Profit Target on Long Side are 5350-5375-5343-5500-5630










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