NIFTY DAILY CHART 21.08.10

NIFTY DAILY CHART :

RESISTANCE : AS CAN BEEN SEEN FROM THE ABOVE CHART NIFTY HAD FACED RESISTANCE AT AROUND 5550 ALONG THE TRENDLINE  

GRAPHITE INDIA (D) 16.08.10

GRAPHITE WEEKLY CHART :

MOMENTUM OSCILLATORS  :

KNOW SURE THING (KST) : KST HAS FORMED DOWNWARD SLOPE , THERE IS GOOD CHANCE WE COULD SEE A BREAKOUT


DIVERGENCES :  WE CAN SEE  NEGATIVE DIVERGENCE WITH RISE IN PRICE OF THE STOCK  ALONG WITH FALL IN KST

STOCHASTIC :  WE CAN SEE POSITIVE CROSSOVER  FROM OVER SOLD POSITION

GRAPHITE INDIA (C) 16.08.10

GRAPHITE WEEKLY CHART:

TRENDLINE : ON WEEKLY CHART ALSO WE CAN GRAPHITE HAS STRONG SUPPORT ALONG THE TRENDLINE


WMA : GRAPHITE HAS BEEN TAKING SUPPORT AT 20  DAY WEEKLY MOVING AVERAGE

GRAPHITE (B) 16.08.10

GRAPHITE DAILY CHART 

MOVING AVERAGES:  GRAPHITE HAS BEEN TAKING SUPPORT AT 100 DAY (SMA) AND 100 (EMA) AT VARIOUS POINTS


SUPPORT : Rs 95 HAS BEEN ACTING AS VERY STRONG SUPPORT { ALSO 100(EMA)}

GRAPHITE INDIA ( A) 16.08.10

GRAPHITE INDIA DAILY CHART :

LONG TERM TRENDLINE :  THE ABOVE CHART IS SELF EXPLANATORY  WHERE WE CAN SEE THE TRNDLINE STRETCHING FROM  23rd JUNE 2009 TO TILL DATE  WHERE SUPPORT IS AROUND Rs 95

NIFTY 16.08.10

NIFTY DAILY CHART :

TRENDLINE SUPPORT:  AS CAN BEEN FROM THE ABOVE NIFTY HAS TAKEN SUPPORT AT VARIOUS LEVELS ALONG THE TRENDLINE  AND THE NEXT SUPPORT IS  AT 5340

Happy Independence Day

Wishing all the indian's a very happy independence day.