GOODMONEY: July 2010

Monday, July 19, 2010

Nifty 19.07.2010

Nifty will be positive if it sustain above 5410. Resistance are at 5420, 5431, 5445, 5457. below 5375, 5360, 5352, 5340, 5328, 5303 are supports.

Wednesday, July 14, 2010

14.07.2010

In the above NIFTY chart we can see that it formed a CHANNEL pattern. Nifty will find resistance at the high of channel i.e. 5470. Hence fresh entries at the level 5470 to 5510 should be cautious.

Monday, July 12, 2010

12.07.2010

Today NIFTY above 5366, 5378, 5391, 5403, 5415 are Resistance and
below 5329, 5317, 5305, 5293, 5281are supports.

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