HEMANT PARIKH
View Profile

NIFTY ( 21 / 07 / 2016 )

Hemant Parikh at 11:11 PM - Jul 20, 2016 ( ) Views: 599

1

 TREND :


NIFTY 50 is trading near the highs of last 1 year.

In the medium term the prices have been in Uptrend.


JAPANESE CANDLESTICK ANALYSIS:


NIFTY 50 is trading near the Top of the day's range.

Higher High and Higher Low compared to previous day. Bullish

Day's Range: 8512.55 ~ 8569.90

NIFTY 50 opened at 8515.45 compared to previous close of 8528.55



DAY'S PIVOT POINT LEVELS (SUPPORT AND RESISTANCE):


NIFTY 50 is trading Above the pivot.

Pivot Point 8,549.43

Pivot Point Resistance at 8,586.32(R1) --> 8,606.78(R2) --> 8,664.13(R3) --> 8,721.48(R4)

Pivot Point Supports at 8,528.97(S1) --> 8,492.08(S2) --> 8,434.73(S3) --> 8,377.38(S4)

*pivot points are calculated based on the closing data of 2016-07-20


VOLUME AND MOVING AVERAGE ANALYSIS:


20-Day SMA: 8,359.6

20-Day average volume: 180,234,950

20-Day Range: 7,927.1 ~ 8,594.8

NIFTY 50 has average daily volume of 180,234,950 compared to today's volume of 165,338,000. It is currently trading Above 20 day simple moving average.


Intraday Bullish!!!



50-Day SMA: 8,176.4

50-Day average volume: 195,881,840

50-Day Range: 7,715.8 ~ 8,594.8


Short Term Trend is Up!!!


8512.55 to act as intraday support.


52-WEEK RANGE:


52 Week Range: 6825.80 ~ 8621.55

It is currently trading about 1% below it's 52-week high.


Login to participate in discussion.



Top Gainers

JINDAL PHOTO LIMITED 27.25 4.15 (17.97%)
IFCI LTD 9.25 1.30 (16.35%)
LICNAMC - LICNMFET 22.40 2.90 (14.87%)
IGARASHI MOTORS INDIA LTD 227.40 26.35 (13.11%)
INDOCO REMEDIES LTD. 168.85 18.60 (12.38%)
EMAMI LIMITED 293.85 26.60 (9.95%)
SAKUMA EXPORTS LIMITED 20.00 1.80 (9.89%)
TORRENT POWER LTD 263.10 21.00 (8.67%)
HINDUSTAN MOTORS LIMITED 6.75 0.50 (8.00%)
SPL INDUSTRIES LIMITED 44.60 2.90 (6.95%)



Top Losers

DUCON INFRATECHNOLOGIES L 7.75 -0.85 (-9.88%)
HOTEL LEELA VENTURES LTD 9.15 -1.00 (-9.85%)
POKARNA LIMITED 136.50 -10.60 (-7.21%)
V2 RETAIL LIMITED 171.70 -12.25 (-6.66%)
RUSHIL DECOR LIMITED 451.00 -30.05 (-6.25%)
MEP INFRA. DEVELOPERS LTD 31.90 -2.00 (-5.90%)
IRB INFRA DEV LTD. 94.50 -5.40 (-5.41%)
DISH TV INDIA LTD. 25.50 -1.45 (-5.38%)
ICICI LOMBARD GIC LIMITED 1113.05 -62.60 (-5.32%)
UMANG DAIRIES LIMITED 45.10 -2.45 (-5.15%)