Below is the technical analysis of Nifty, using ichimoku kinko hyo indicator.





The day Nifty managed to closed above kijun-sen line @5049, it started is immediate uptrend. But, if you look at the chart, it’s near kumo, which is its main resistance area. Chikou-Span line is also going to face resistance at kijun-sen line.

On weekly chart, 5138 is the tough resistance ahead. Crossing it, it can lead to 5355.

Take your positions accordingly.

Rate this post

Subscribe Updates, Its FREE!

Email ID:


admin June 14, 2012

Those who found this page were searching for:

indikator nifty forex,nifty android with fibonacci fan,NIFTY GRAPH ON 14 06 2012,www tick list nifty 28 jun 2012 fut total cross