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Where Do you See the Support Levels?

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

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  1. shabbir

    shabbir Administrator Staff Member

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    Just a Simple Answer with Level of Nifty where you see the support.

    [​IMG]
     

    Attached Files:

    shabbir, Mar 6, 2013
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  2. vankudrevakil

    vankudrevakil New Member

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    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?
     
    vankudrevakil, Mar 6, 2013
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  3. Suresh_Sinha

    Suresh_Sinha Active Member

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    Thanks for your email Shabbir for asking this and according to me the support is around the 5550 levels.
     
    Suresh_Sinha, Mar 6, 2013
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  4. Suresh_Sinha

    Suresh_Sinha Active Member

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    I don't see 5650 but 5550. Your opinion is needed Shabbir here.
     
    Suresh_Sinha, Mar 6, 2013
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  5. ajaysinghchand

    ajaysinghchand New Member

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    5550 is a good area of plus minus 50pts
     
    ajaysinghchand, Mar 6, 2013
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  6. smuthukri

    smuthukri Active Member

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    according to me support is around 5650 to 5700 .current rally is just short covering .
     
    smuthukri, Mar 6, 2013
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  7. ashrithg

    ashrithg New Member

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    i think it is around 5600 - 5650
     
    ashrithg, Mar 6, 2013
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  8. sainath85

    sainath85 Member

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    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
    sainath85, Mar 6, 2013
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  9. viraf53

    viraf53 New Member

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    5657 is a very strong support.
     
    viraf53, Mar 6, 2013
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  10. vishuhd1

    vishuhd1 Member

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    Immediate support for the nifty ia at 5700.. If nifty breaks that, then the next major support is 5550..
     
    vishuhd1, Mar 6, 2013
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  11. bharatdadlani

    bharatdadlani New Member

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    First Support 5644 Second support 5400
     
    bharatdadlani, Mar 6, 2013
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  12. verenmitter2001

    verenmitter2001 Member

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    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
     
    verenmitter2001, Mar 6, 2013
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  13. praveenbkec

    praveenbkec Member

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    Immediate support is 5661, next support is 5546,
    good question, lot of different views...more helpful to members.
     
    praveenbkec, Mar 6, 2013
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  14. vsrinivasulu_1

    vsrinivasulu_1 New Member

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    Immeditely near support seems to be around 5665 to 5690, and more stronger support seems to be at 5550..
     
    vsrinivasulu_1, Mar 6, 2013
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  15. cbpancha

    cbpancha New Member

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    immediate support is 5640 & next support is 5550
     
    cbpancha, Mar 6, 2013
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  16. harjeetcisco

    harjeetcisco New Member

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    Strong support is between 5550 and 5665 as per weekly charts

    harjeet
     

    Attached Files:

    Last edited: Mar 6, 2013
    harjeetcisco, Mar 6, 2013
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  17. 1sreerajvs

    1sreerajvs Member

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    in my view 5650 is a strong support zone..
     
    1sreerajvs, Mar 6, 2013
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  18. vishuhd1

    vishuhd1 Member

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    Wats ur take on this Shabbir?.. :).. Pls share ur thoughts..
     
    vishuhd1, Mar 6, 2013
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  19. chittaranjandash

    chittaranjandash New Member

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    5650 is a strong support for nifty
     
    chittaranjandash, Mar 7, 2013
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  20. shwetagnema

    shwetagnema Active Member

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    immediate support, 5660, after that 5550
     
    shwetagnema, Mar 7, 2013
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