11.12.2012 Tuesday

Intraday support level / reversal point at magenta UMLH.

7.12.2012 Friday

Price moved out of the magenta PF , through 5900 resistance  levels with wide range bars indicating positive momentum holding on.With the recent swing points,the Green Pitchfork drawn leads to immediate resistance level at 6000 + levels for closing long positions based on the price bar action  at this zone.Moving below Green median line, retracement supports will be at green LMLH at 5900-5875.

EOD updated chart

Supports at 5875 zone at green LMLH expected for upmove to continue.
 

6.12.2012 Thursday

5.12.2012 Wednesday

4.12.2012 Tuesday

3.12.2012 Monday

30.11.12 Friday

Price near resistance at Warning Line / UMLH of magenta PF.Stochastic at oversold area. A pause / retracement to the 2 day 250 point rally expected.
Support levels at 5805-5775 band within rising magenta PF before an upmove resumes.

EOD 15 min chart

Nifty climbs up relentlessly.. within the upper magenta channel .Target towards 5900-5950 range where it meets the  resistance levels of the orange major PF .