NIFTY

DISCLAIMER: These notes/comments have been prepared solely to educate those who are interested in the useful application of Technical Analysis. While due care has been taken in preparing these notes/comments, no responsibility can be or is assumed for any consequences resulting out of acting on them.Trading in Stocks/Commodities/Futures Carry Risk.

CNX NIFTY   5,672.90   -75.20   -1.31 %

Nifty touched my predicted level.Yesterday it got resisted at 20 dma and fell today.Nifty is still making lower tops lower bottoms.Anyone carrying shorts should keep 5751 (20 dma) as stoploss. Next resistance level is 5817.Trading Nifty has become more intraday oriented.

NIFTY 5 mins

Nifty 5 mins

NIFTY DAILY CHART

NSEIND

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