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.

SENSEX UPDATE

QUICK UPDATE :  SENSEX HAD MADE A HIGH OF 18309 ON 9tH AUGUST  WHICH IS 8 POINTS SHY OF MY LEVELS MENTIONED ON 8th AUGUST 2010 POST


REFRESH : THEORY POST

NIFTY 11.08.10

NIFTY DAILY CHART :

RETRACEMENT: NIFTY  HAS RETRACED 50% OF THE RALLY FROM 5349 TO 5492  AND CLOSED AT 5420


DMA : NIFTY HAS CLOSED AT 5420 WHICH IS EXACTLY AT 20 DAY SMA

SUPPORT  : NIFTY HAS SUPPORT AT  5405 , 5370