iCharts Discussions

[sraj]

WORLD MARKET

Current status of world markets are in nervous, due to this our nifty spot may have some support around 4820, 4800, below 4800 good down fall may come, same as 4869 may act as strong resistance, above this level good up move may possible,,,

NIFTY SPOT

Today if nifty spot breaks 4857 then further up move may possible, even though! 4869 to 4870 may act as strong resistance, above this level nifty may move as per today’s levels, and 4911, 4922 may give some additional resistance to nifty spot, so if it breaks 4922 then further strength full up move may possible,

Same as if nifty spot breaches 4838 then further down fall may start, same time 4820 and 4800 may give some support, so below 4800 strong dawn fall may come as per today’s levels, and today technically nifty has some rights to move in both side strongly, so trade on the direction of the market, take care


Nifty Spot today’s levels

Nifty Spot above 4869 Target 4892, 4904 to 4908, 4911, 4922, 4975, 4983, 5020, 5036

Nifty Spot below 4838 Target 4820, 4801, 4746*, 4715, 4687, 4680, 4674, 4643

thanks
saravanabalaaji