Sunday, November 21, 2010

Nifty Trends for 22 Nov

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Nifty Levels for Today 22 NOV:-

Pivot Level = 5916
Support1 = 5819 Resistance1 = 5972
Support2 = 5763 Resistance2 = 6069
Support3 = 5666 Resistance3 = 6125

NIFTY SUPPORT AND RESISTANCE(POSITIONAL)
Positional Support for NIFTY 5730 5421 . Positional Resistance for NIFTY is 5942 6071 6117 6118 6154 6155

Nifty Analysis :-
The oscillator is showing SELL signalShort Term Oscillator Analysis-The signal is SELL but NIFTY in oversold level.

S&P CNX NIFTY-Over View:-
S&P CNX NIFTY is the Blue chip Index of NSE.The top 50 companies listed on NSE from Various sector like IT,Banking,Cement,Oil,Steel,Infrastructure etc are included in Nifty Index with different weightage(Top weightage-Reliance,Infosys,Icici bank,Lt,HDFC)is given to each company.Nifty Index is professionally managed and moreover it can be considered as a barometer of Indian Economy.Earnometer.com will give you daily indepth technical analysis report of Nifty,Analysis of Nifty in future and option,Performance of share included in Nifty for medium-long term and for very short term.

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