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This page updates every week
Updated on 06 Sept 2009
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You can use technical charts, indicators, find support and resistance, draw trend lines to find breakout and breakdown levels, use Fibonacci points to locate support and resistance, use Pivot points to locate intraday support and resistance and lots more.
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Nifty Technical Analysis
Nifty Technical Analysis
As seen from below chart it is clear that Nifty has moved in specific range in August 2009 from 4400 to 4700.
Resistance for this week
For this week (7 to 11 Sept 2009) the Nifty is having resistance 4750, if it closes above this level with good support of volumes then further uptrend is possible.
Support for this week
The Nifty is having support at 4550, if it closes below this level with support of large volumes then Nifty will come down till 4400 which is its next support level.
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