Nifty Daily Chart Update -26th Sep 2012

Daily Trend is up above 5515 (SAR)

Weekly Indicator is Bullish OB, Daily Indicator is Bearish (Stochastic)

Rising Window Support 5263 ,5447

Low of the Window 5450 -immediate major support

Bullish Engulfing pattern 5227-5350-5435-5545

Support are 5498-5440-(5330-(5377-5385)-5343)-(5280-5290)-5240-5160-5088-5040-5000

Resistances are 5498-5630-5700-5937-6169-6328

Profit Target   are (5280-5290)-5350-5375-5443-5500-5630-5700-5937-6169-6328

Nifty Daily Chart Update -17th Sep 2012

Daily Trend is up above 5350 (SAR)

Weekly Indicator is Bullish, Daily Indicator is bullish Over bought zone.

Rising Window Support 5263 ,5447

Low of the Window 5450 -immediate major support

Bullish Engulfing pattern 5227-5350-5435-5545

Support are 5498-5440-(5330-(5377-5385)-5343)-(5280-5290)-5240-5160-5088-5040-5000

Resistances are 5498-5630-5700-5937-6169-6328

Profit Target   are (5280-5290)-5350-5375-5443-5500-5630-5700-5937-6169-6328

Nifty Daily Chart Update -10th Sep 2012

Daily Trend is up above 5315 (SAR)

Weekly Indicator is Bearish, Daily Indicator is oversold zone  with bullish reversal

High of  Shooting Star 5450 can be critical resistance ,Window Top 5410 can  be resistance 

Piercing Pattern at 5164 , Window Low 5220 ,Bullish engulfing pattern 5240

Support are 5240-5160-5088-5040-5000-4950-4800

Resistances are (5280-5290)-(5330-5343)-(5377-5385)-5440-5498-5630

Profit Target   are (5280-5290)-5350-5375-5443-5500-5630

Nifty Daily Chart Update -4th Sep 2012

Daily Trend is down below 5348 (SAR)
Weekly Indicator is Bearish below 5325, Daily Indicator is Bearish OS zone  with bullish reversal
High of  Shooting Star 5450 can be critical resistance ,Window Top 5410 can  be resistance 
Piercing Pattern at 5164 , Window Low 5220 ,Bullish engulfing pattern 5240
Support are 5240-5160-5088-5040-5000-4950-4800
Resistances are (5280-5290)-(5330-5343)-(5377-5385)-5440-5498-5630
Profit Target   are (5280-5290)-5350-5375-5343-5500-5630

Nifty Daily Chart Update -3rd Sep 2012

Daily Trend is down below 5356 (SAR)

Weekly Indicator is Bearish below 5325, Daily Indicator is Bearish OS zone  with bullish reversal

High of  Shooting Star 5450 can be critical resistance ,Window Top 5410 can  be resistance 

Piercing Pattern at 5164 , Window Low 5220 ,Bullish engulfing pattern 5240

Support are 5240-5160-5088-5040-5000-4950-4800

Resistances are (5280-5290)-(5330-5343)-(5377-5385)-5440-5498-5630

Profit Target   are (5280-5290)-5350-5375-5343-5500-5630

Nifty Daily Chart Update -31Aug2012

Daily Trend is down below 5361(SAR)

Weekly Indicator is Bearish below 5325, Daily Indicator is Bearish OS zone 

High of  Shooting Star 5450 can be critical resistance 

Window Top 5410 can  be resistance 

Piercing Pattern at 5164 

Support are 5280-5250-5160-5088-5040-5000-4950-4800

Resistances are (5330-5343)-(5377-5385)-5440-5498-5630

Profit Target on Long Side are 5350-5375-5343-5500-5630

Nifty Daily Chart Update -30Aug2012

Daily Trend is down below 5362(SAR)

Weekly Indicator is Bearish, Daily Indicator is Bearish zone 

High of  Shooting Star 5450 can be critical resistance 

Window Top 5410 can  be resistance 

End of wave -5 Target 5440 is complete.

5300 and 5400 are imp. S/R  as per Open Interest level

Aug Expiry is expected to close between 5300 and 5400

Piercing Pattern at 5164 ,5280 ,Change of polarity at 5280

Support are 5280-5250-5160-5088-5040-5000-4950-4800

Resistances are (5330-5343)-(5377-5385)-5440-5498-5630

Profit Target on Long Side are 5350-5375-5343-5500-5630

Nifty Daily Chart Update -29Aug2012

Daily and Weekly Trend is up above 5368(SAR)

Weekly Indicator is Bullish OB, Daily Indicator is Bearish zone 

High of  Shooting Star 5450 can be critical resistance 

Window Top 5410 can  be resistance 

End of wave -5 Target 5440 is complete.

5300 and 5500 are imp. S/R  as per Open Interest level

Piercing Pattern at 5164 ,5280 ,Change of polarity at 5280

Support are (5330-5343)-5280-5250-5160-5088-5040-5000-4950-4800

Resistances are (5377-5385)-5440-5498-5630

Profit Target on Long Side are 5350-5375-5343-5500-5630

Nifty Daily Chart Update -28Aug2012

Daily and Weekly Trend is up above 5367(SAR)

Weekly Indicator is Bullish OB, Daily Indicator is Bearish zone 

High of  Shooting Star 5450 can be critical resistance 

Window Top 5410 can  be resistance 

End of wave -5 Target 5440 is complete.

5300 and 5500 are imp. S/R  as per Open Interest level

Piercing Pattern at 5164 ,5280 ,Change of polarity at 5280

Support are (5330-5343)-5280-5250-5160-5088-5040-5000-4950-4800

Resistances are (5377-5385)-5440-5498-5630

Profit Target on Long Side are 5350-5375-5343-5500-5630

Nifty Daily Chart Update -27Aug2012

Daily and Weekly Trend is up above 5360(SAR)

Weekly Indicator is Bullish zone , Daily Indicator is Bearish zone 

High of  Shooting Star 5450 can be critical resistance 

Bulls are safe along as nifty closes above 5378  and 5358 

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

End of wave -5 Target 5440 is complete.

Profit Target on Long Side are 5350-5375-5343-5500-5630