Monday, June 3, 2013

NIFTY DAILY 03_June_2013



Nifty Daily News
Nifty Today-: Today Nifty opened at 6020. Nifty made high at 6080 and low at 5925. At the end nifty closed at 5959.
Trend -: Long Term Trend is down. Intermediate and Short Term Trends are long.
A head and shoulder pattern is observed on the intraday charts reflecting the weakness. The pattern has a strong neckline at 5930, violation of this neckline will lead to filling of gap at 5878.




Nifty for short term
Support
Resistance
5907
5974
5876
5997
5839
6022
at

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