Thursday, 25 July 2013

NIFTY – Expiry Update

 

Nifty July has expired, Long Live Nifty !!!

Expect an bounce from here, if not, we will see 5750 levels. I expect one euphoric re-visit to 6200 levels in Nifty & meltdown only below 5400 levels.

Charts below – Watch the marked rectangles for key support and resistance

 

Nifty – 15 minute chart, why I expect an bounce & if not why looking at 5750 levels

Nifty_15_min_25th_July

Nifty Hourly – The Big Picture

Nifty_Hourly_25th_July

Hedge your portfolio !!!

Safe Trading & Happy Investing !!!

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