I am not a certified analyst. The charts shown and the content in the blog are for educational purpose only and in no way is a buy or sell recommendation. Readers are advised to use discretion.

Wednesday 4 July 2012

NIFTY Views- for  05th July 2012:

Added Longs near 5280, as Nifty has still made a Higher LOW with Consolidation !
 
In Daily Time Frame:
RSI              -  Uptrend
Bollinger       -  Uptrend, Reversal
In 30 min Time frame:
RSI              -  Side Trend
Bollinger       -  Side Trend
 
So Now,
BUY: Hold Longs tightly, SL 5200! TGT 5375 ~5400 in this week.
SELL: Shorts near 5375 with Bearish Candle pattern in 30 min !!
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