iCharts Discussions

veerappan · Expert Joined: 19 Dec 2007 Posts: 3680

hi,
chennai boy again...
4067 is the good support Rolling Eyes

for the day in coming days [next 3 months] for the long term and good resi is 5296 for the next 3 months... Very Happy

for this week 4942 is the good support ...and 5137 is the good resi....any two consecutive closes below or above...then one side move ...upside monthly resi crosses and closes then further bullish to 5700-6200 possible..
and down side closes below then it may take it to monthly support of 4067... Very Happy

for the day [19th may 2010].... good support at 4954 and good resi is 5044... suppose if it trades in the range of 5025-5035 u can sell with sl 5044- or 5047...similarly on down side if it trades 4962-4970 means u can buy with sl 4954 or 4949...with small risk....or weekly support ...4942..

let us c....

bye bye
chennai boy
veeru
Very Happy

sethu45 · White Belt Joined: 06 Aug 2009 Posts: 168

Hi chennai boy.
Nifty low 4901 and closed at 4925. Your views for tomorrow pls

sethuraman