Volatility spiking up in US.
Eurozone fears resurfacing.
Relentless pressure on Euro vis a vis the USD.
With almost no positive triggers in the near future for Nifty, scenario is looking grim.
Amidst all this, hope Nifty stays above 5950 on closing basis. Close below 5950 may see a deeper cut.
NIFTY 05-Feb-2013
ReplyDeleteCurrent Market Situation :
NIFTY current close : 5957
NIFTY resistance level : 6158
NIFTY support level : 5912
NIFTY sentiment : positive
NIFTY dominant cycle period : 18 days
Levels Tomorrow :
NIFTY intraday resistance 1 : 5982
NIFTY intraday resistance 2 : 6011
NIFTY intraday resistance 3 : 6052
NIFTY intraday support 1 : 5932
NIFTY intraday support 2 : 5903
NIFTY intraday support 3 : 5862
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Markets Quantified
NIFTY 06-Feb-2013
ReplyDeleteCurrent Market Situation :
NIFTY current close : 5959
NIFTY resistance level : 6158
NIFTY support level : 5912
NIFTY sentiment : positive
NIFTY dominant cycle period : 17 days
Levels Tomorrow :
NIFTY intraday resistance 1 : 5984
NIFTY intraday resistance 2 : 6013
NIFTY intraday resistance 3 : 6055
NIFTY intraday support 1 : 5934
NIFTY intraday support 2 : 5906
NIFTY intraday support 3 : 5864
for more log onto
http://marketsquantified.blogspot.in