Below is the technical chart of Nifty, using Ichimoku kinko hyo and Parabolic SAR indicators. Time frame is daily time frame.

 

 

 

 

 



 

 

 

Nifty has already broken the stop-loss of 5486.40 given by Parabolic SAR indicator and is moving downward. The first support level of Nifty is at kijun-sen line viz. @5271.1. One should not take fresh position in Nifty till it closes above 5629.90, as it is its strong resistance level.

Nifty Technical Chart | 24-Feb-2012
Rate this post
https://www.investmentkit.com/articles/wp-content/uploads/2011/11/nifty_update.jpghttps://www.investmentkit.com/articles/wp-content/uploads/2011/11/nifty_update-150x150.jpgAdminStock MarketAuto,Below,chart,Draft,Feb,frame,Ichimoku Kinko Hyo,kinko,nbsp nbsp nbsp nbsp nbsp,Parabolic,parabolic sar,resistance level,stop loss,time,time frameBelow is the technical chart of Nifty, using Ichimoku kinko hyo and Parabolic SAR indicators. Time frame is daily time frame.        Nifty has already broken the stop-loss of 5486.40 given by Parabolic SAR indicator and is moving downward. The first support level of Nifty is at kijun-sen line viz. @5271.1....Tutorials to Educate Investors