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Nifty Report - Aug 31, 2007 + Stocks |
stockmode
White Belt
Joined: 08 Jan 2007
Posts: 79
Location: indore, india
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Post: #1  Posted: Fri Aug 31, 2007 9:40 am Post subject: Nifty Report - Aug 31, 2007 + Stocks |
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Close: 4,412.2998
[hr]
Support < Support [[Crucial]] > Resist > Resist
4,335.5669 < 4,373.9336 < [[ 4,398.1167 ]] > 4,436.4834 > 4,460.6665
[hr]
Technical Outlook
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bullish
[hr]
We are only interested in a long position.
The momentum is up.
The upward momentum is accelerating.
If not already long this is a good place to look for a Valid signal to buy.
[hr]
Bharat Mudgal's comments:
After a long pause, we are once again interested in a LONG position. For any long position taken one can keep a stop of 4305 on NIFTY Spot. Resistance exists at 4600 > 4625.
[hr]
Stocks Report at http://www.icharts.in/forum/stocks-f5.html |
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