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Intraday Technical Analysis with Nifty Chart and Trading Stretegy / Stock Tips for 14 Jan 2010 www.StockInspection.com

Posted by Indrodeep Banerjee on January 13, 2010

Total Views - 717

On 13th markets closed on a strong note after the gap down opening amidst a volatile trading session. Market took the support exactly at our calculated support level of 5168

It closed at the 5 DMA and above 20 DMA levels and RSI around 60 indicating that the market is looking volatile at the current levels, and trying to find the support to start for the positive momentum towards 5300 in the coming days.

Nifty finally closed at 5233.95
gaining 24 points or 0.45 %

Trading Strategy for 14 Jan, 2010

Intraday Support for the market shall be Click Here To Read Full Article »

Always Use Strict Stop Loss to Avoid Sudden Adverse Euphoria or Panic While Trading in Stock Markets

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