Technical Analysis and Research of EOD and chart,Micro Analysis of Nifty Intra Day Chart,Technical Positions,next possibilities have already been explained in following topics with 2 Charts therefore not being repeated:-
1- Nifty-Micro Analysis of Intra Day Chart For 19-08-2011
2- 5 Crucial Supports of Indian Bearish Markets
As most Asian markets were already down yesterday therefore lesser down than US and European markets today morning. Asian markets are 1.5% to 4.5% down therefore Expected that Indian markets are more than 1% down and today gap down opening will prove last 9 sessions trading range a Resistance range(4932-5230)
Expected that Nifty will trade first between 4840-4890 after gap down opening. All around weakness therefore Red closing after whole day negative zone trading expected today.
1- Nifty-Micro Analysis of Intra Day Chart For 19-08-2011
2- 5 Crucial Supports of Indian Bearish Markets
As most Asian markets were already down yesterday therefore lesser down than US and European markets today morning. Asian markets are 1.5% to 4.5% down therefore Expected that Indian markets are more than 1% down and today gap down opening will prove last 9 sessions trading range a Resistance range(4932-5230)
Expected that Nifty will trade first between 4840-4890 after gap down opening. All around weakness therefore Red closing after whole day negative zone trading expected today.