Quotes with Resistance & Support
Market Information
Nifty likely to breach 2965: FinQuest Securities
This article was posted on Feb 12, 2009 and is filed under Market Outlook
According to FinQuest Securities’ report, today Nifty seems likely to breach the crucial resistances of 55 day EMA and the 61.8% at 2965 and head higher towards 3000/3050.
FinQuest Securities’ report:
Except for the initial dip to 2880, Nifty traded with a positive bias paring the opening losses to close marginally negative at 2926.
Nifty is oscillating around the 55 day EMA at 2927. Since Sep 08, Nifty has not been able to give a strong close above the 55 day EMA. In the last two days Nifty has closed marginally above the average.
Today Nifty seems likely to breach the crucial resistances of 55 day EMA and the 61.8% at 2965 and head higher towards 3000/3050.
source: Moneycontrol
Tags: calls, daytrading, free calls, intraday, tips
Similar Posts:
Latest Query
Samrudhiglobal.com wishing you and your friends and family Advance xmas and Happy New year...view more »
- by Sam
- by Sam
Status: Awaiting reply
Market Stats
Search Our Archives
Research Desk
- Stocks Trading above their 50 day moving average - DMA In Stock Research
- Download free Ebooks based on Technical Analysis In Personal Training
- TOP 100 Stocks with the Highest P/E as on July 14th, 2013 In Stock Research
- TOP 100 Stocks with the Lowest P/E as on July 14th, 2013 In Stock Research
- Charting Pathsala - Your guide to Techincals In Technical Analysis
