1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Where Do you See the Support Levels?

Discussion in 'Technical Analysis' started by shabbir, Mar 6, 2013.

  1. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    Just a Simple Answer with Level of Nifty where you see the support.

    [​IMG]
     

    Attached Files:

  2. vankudrevakil

    vankudrevakil New Member

    Joined:
    Feb 11, 2013
    Messages:
    40
    Likes Received:
    2
    Occupation:
    advocate
    i think support is around 5650 to 5700. if we draw horizontal line nifty has been on support at this level earlier also.am i correct?
     
  3. Suresh_Sinha

    Suresh_Sinha Active Member

    Joined:
    May 1, 2012
    Messages:
    209
    Likes Received:
    30
    Thanks for your email Shabbir for asking this and according to me the support is around the 5550 levels.
     
  4. Suresh_Sinha

    Suresh_Sinha Active Member

    Joined:
    May 1, 2012
    Messages:
    209
    Likes Received:
    30
    I don't see 5650 but 5550. Your opinion is needed Shabbir here.
     
  5. ajaysinghchand

    ajaysinghchand New Member

    Joined:
    May 26, 2012
    Messages:
    72
    Likes Received:
    2
    5550 is a good area of plus minus 50pts
     
  6. smuthukri

    smuthukri Active Member

    Joined:
    Aug 13, 2012
    Messages:
    63
    Likes Received:
    35
    according to me support is around 5650 to 5700 .current rally is just short covering .
     
  7. ashrithg

    ashrithg New Member

    Joined:
    Mar 1, 2013
    Messages:
    4
    Likes Received:
    0
    i think it is around 5600 - 5650
     
  8. sainath85

    sainath85 Member

    Joined:
    Nov 19, 2012
    Messages:
    148
    Likes Received:
    15
    Occupation:
    Business Development
    I too feel it is around 5550. EMA still shows sell signal...would wait for few more trading days to see whether the trend changes. Thank you
     
    Last edited: Mar 6, 2013
  9. viraf53

    viraf53 New Member

    Joined:
    Sep 15, 2012
    Messages:
    20
    Likes Received:
    0
    5657 is a very strong support.
     
  10. vishuhd1

    vishuhd1 Member

    Joined:
    Sep 1, 2012
    Messages:
    214
    Likes Received:
    15
    Occupation:
    Software Engineer in IBM, Bangalore
    Immediate support for the nifty ia at 5700.. If nifty breaks that, then the next major support is 5550..
     
  11. bharatdadlani

    bharatdadlani New Member

    Joined:
    May 3, 2012
    Messages:
    17
    Likes Received:
    3
    First Support 5644 Second support 5400
     
  12. verenmitter2001

    verenmitter2001 Member

    Joined:
    Sep 22, 2012
    Messages:
    354
    Likes Received:
    12
    Occupation:
    IT, Education & Ex-Army officer
    Hi shabbir
    Technically 5550.
    But please answer this thread as lot of people are looking upto you.
    Shabbir
    Most of the stock in Nifty are in there lowest level we are quite uncertain of the move from here.

    Regards
    veren
     
  13. praveenbkec

    praveenbkec Member

    Joined:
    Oct 31, 2012
    Messages:
    94
    Likes Received:
    13
    Occupation:
    Software Engineer
    Immediate support is 5661, next support is 5546,
    good question, lot of different views...more helpful to members.
     
  14. vsrinivasulu_1

    vsrinivasulu_1 New Member

    Joined:
    Feb 27, 2013
    Messages:
    2
    Likes Received:
    0
    Immeditely near support seems to be around 5665 to 5690, and more stronger support seems to be at 5550..
     
  15. cbpancha

    cbpancha New Member

    Joined:
    Aug 8, 2012
    Messages:
    33
    Likes Received:
    3
    Occupation:
    Working as 3D CAD Modeller in Godrej
    immediate support is 5640 & next support is 5550
     
  16. harjeetcisco

    harjeetcisco New Member

    Joined:
    May 3, 2012
    Messages:
    12
    Likes Received:
    0
    Strong support is between 5550 and 5665 as per weekly charts

    harjeet
     

    Attached Files:

    Last edited: Mar 6, 2013
  17. 1sreerajvs

    1sreerajvs Member

    Joined:
    Dec 10, 2012
    Messages:
    29
    Likes Received:
    16
    in my view 5650 is a strong support zone..
     
  18. vishuhd1

    vishuhd1 Member

    Joined:
    Sep 1, 2012
    Messages:
    214
    Likes Received:
    15
    Occupation:
    Software Engineer in IBM, Bangalore
    Wats ur take on this Shabbir?.. :).. Pls share ur thoughts..
     
  19. chittaranjandash

    chittaranjandash New Member

    Joined:
    Jan 30, 2013
    Messages:
    1
    Likes Received:
    0
    5650 is a strong support for nifty
     
  20. shwetagnema

    shwetagnema Active Member

    Joined:
    Jun 24, 2012
    Messages:
    252
    Likes Received:
    40
    Occupation:
    House wife
    immediate support, 5660, after that 5550