AUTOMATED TRADING

AUTOMATED TRADING

15 January 2012

nifty weekly outlook 16/01/12 - 20/01/12

TECHNICAL VIEW
****************

LAST(13/01) CLOSE@4866 (+35 POINTS)

LAST HIGH@4898 LOW@4834
WEEKLY HIGH@4898 LOW@4686

5DMA@4830
20DMA@4731
50DMA@4861
200DMA@5246


POSITIVE ABOVE 4888.
NEXT RESISTANCES AT 4911 AND AT 4933.
NEGATIVE BELOW 4844.
NEXT SUPPORTS AT 4822 AND AT 4800.


5-DAY RSI 72 AND 14-DAY RSI 57.
INDICATES NIFTY PLACED IN BULLISH ZONE.


WEEKLY KEY RESISTANCE@4933/5022
WEEKLY PIVOT @4844
WEEKLY KEY SUPPORT@4755/4666


EXPECTED RANGE FOR 16/01/2012
IN SPOT 4800-4933

Disclamer:-

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