Quotes with Resistance & Support
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Technical View:: Nifty, SBI & Dabur India

Posted on: June 25th, 2013 at 3:01 am

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Nifty: Nifty is nearing strong support levels of 5500-5550. Has managed to hold onto these levels since Sep’12 and is forming a triple bottom here. This time around if manages to hold onto this level, could bounce back to 5700. On the downside, a close below 5500 can take nifty lower to 5380.



SBI: SBI has strong support at 1910 levels. A close below this can take it lower to 1850. Next strong support below 1910 comes in at 1820



Dabur India: Technically it is in an uptrend. Being a defensive bet, it tends to do well when markets are going flat/ weak. It is facing resistance at 158 levels. A close above this can take it higher to 166. On the downside support comes in at 148.



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3 Responses


  1. Harish Says:
    July 17th, 2013
    Posted at: 2:06 pm

    Thanks sir. really good calls on sbi and dabur

  2. CB Says:
    July 17th, 2013
    Posted at: 2:06 pm

    Hi Harish, most welcome.

  3. Vithya Says:
    November 27th, 2015
    Posted at: 7:02 am

    Commodity trading is done in MCX and NCDEX. Commodity tdraers dealing in GOLD, SILVER, COPPER etc should look for some from the reliable sources so as to make their trading sessions as profitable sessions. Commodity market is picking pace at very rapid speed and offers very good returns.

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