NIFTY Weekly technicals.

>> Sunday, February 1, 2009

Last week we saw a strong opening and also we ended strong. New and new buyers for Satyam..
NIFTY close at 2874.8. Has more advances against decline. I am neutral for next week.
NIFTY TRIN at 0.286
Over all Nifty bullish for next couple of days.
5 day EMA at 2821.3

Pivot - 2843
Support - 2805 and 2736
Resistance - 2912 and 2950
Over all range bounded mode in coming week.

Simple moving averages -

5 D

8 D

13 D

20 D

39 D

50 D

200 D

2800

2777

2785

2854

2886

2843

3891


Chart -



Happy Investing

Whats intresting this week. - $10 or Rs 500 laptop to be displayed on 3rd Feb.

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