Sensex

Monday, July 15, 2013

Fw: Equity Eagle Eye: Holding on to 6K

 


 
Equity Eagle Eye
[For July 16, 2013]
 Summary of Contents
 
PUNTERS CALL
Holding on to 6K
The Nifty closed in the positive today, up 21 points at 6030. Over the next couple of days it is expected to head higher till 6060. In this period the key support will be at 5977 and resistance will be at 6060.
Other technical observations
On the daily chart the index is trading above the 20-daily moving average (DMA) and the 40-DMA, ie 5798 and 5859 respectively. The momentum indicator is trading in positive mode.
On the hourly chart, the Nifty is trading above the 20-hourly moving average (HMA) and the 40-HMA, ie 5977 and 5932 respectively, which are crucial intra-day levels. The hourly momentum indicators have turned negative. The market breadth was positive today with 701 advances and 469 declines on the National Stock Exchange. 

SMART CHART CALLS

 
MOMENTUM CALLS
 

 
DAY TRADERS HIT LIST
 

Click here to read report: 
EagleEye
 

 
 

 


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