Tuesday, April 3, 2012

Nifty Technical chart | 04-Apr-2012

Below is the technical chart of Nifty, using Ichimoku indicator.








Nifty is moving inside kumo – which is no trade zone. In the last trading session, it made a high of kumo, but could not cross it. Nifty got a high resistance at 5385-5401 range. It needs to CLOSE above these levels to go up further.

But looking at weekly chart, I still maintain the target of 5080 levels.

No comments:

Post a Comment

4.5 out of 5 stars Reviewer:adminFebruary 05, 2021