January 21, 2016

NSE NIFTY Update: 20 Jan 2016


In my last post dated 17 Jan 2016, I shared the monthly charts with you all. Today is the weekly chart. The good news is we are having a free falls as indicated by the charts.

Support: 7242, 6861
Resistance: 7419,7540,7640, 7725, 7935

Note: The above is not a research report but information as available on public domain and it should not be treated as a research report. Any information discussed on the blog is for information purpose  only. People are themselves responsible for any profit/loss arising on trading on such information.

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Disclosure: It is safe to assume that I have the stock in my portfolio/trading position and hence my point of view will be biased. Readers should consult their financial advisory before any investments.

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