Thursday, June 20, 2013

20/06/2013 Trading View

20/06/2013 Trading View

Nifty made a low of 5777 high of 5828 and closed at 5822 which is 8 points up from previous close.

Nifty is having trendline resistance at 5870 area and bearish candle formation is there if unable to cross 5870 the trend will be down.

Support comes at 5770 on breaking this there is a gap of 5739-5729 it will find minor resistance here the it will go towards 5680 on breaking this it will go to 5550.

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