This blog is my trading diary. It is an attempt to organise my analysis and thoughts. I follow the charting methods given in JUST NIFTY blog by Ilango sir and so the charts would have striking resemblance to his charts. I am indebted to Ilango sir for having made this blog possible for me.

February 28, 2014

NIFTY ANALYSIS

Today being the End of Month and End of Week - the crucial levels are 6290 - Month HEMA. 6197 - Week HEMA.
Monthly Charts Resistances - 6290-6320
Weekly chart Channel resistances - 6240-6250.
Day chart Channel resistances - 6240-6250
Day Chart Channel Supports - 6180.
Hour charts SMACD and KST consistently exhibiting -ve divergences.















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