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arvind kaaliya
Jul 27, 2021 1:52AM ET
nifty updet 15850 se
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NIFTY: The Trend Deciding Point Works Out At 8739 Mark
www.investing.com/analysis/nifty:the-trend-deciding-point-for-the-day-works-out-at-8739-mark-240903
NIFTY: The Trend Deciding Point Works Out At 8739 Mark
By eForex Trader | Feb 05, 2015 12:30AM ET For Thursday, February 5, 2015, the trend deciding point for the day works out at 8739 mark. Since this level is very near to the recent close of 8757, there are chances that this level could be breached. If this level is breached, then Nifty is expected to move towards support zone of 8671 mark. But this is possible only if there is a sharp down move. On ascent, the level of 8808, the first weekly support, which should now act as a resistance, is the first objective. In case of a sharp up move, the crossover of this resistance is to take Nifty to the next level of hurdle, which emerges at 8877 mark. The intermediate resistance stands at 8780 mark. If there is not much demand, then Nifty can reverse from here instead of 8808 mark. On the other hand, the intermediate support stands at 8723 mark. If there is not much supply, then Nifty can reverse from here for upside, instead of 8671 mark.
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NIFTY: The Trend Deciding Point Works Out At 8739 Mark
Comments (10)
Vijayachander Peddi
Jul 27, 2021 1:52AM ET
hey check this news belongs to 2015
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Lalit Vyas
Dec 14, 2020 11:05AM ET
No that point is 7887
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Jignesh Doshi
Aug 05, 2020 9:20PM ET
nifty predicted I think cross new high in September
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akash dogra
Aug 02, 2020 6:53AM ET
91000
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Rajesh Patel
Aug 02, 2020 6:53AM ET
khotu
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Vishal Gawde
Jul 22, 2020 1:12PM ET
A retracement of 50% is likely to happen on the lower side or a 2nd corrective, which is 10700. But market seems to move higher in coming days as per Elliot wave. 11232 is the sl for target 10700
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SANKAR T.
May 05, 2020 11:27AM ET
I expect nifty closing 8800at expiry.operators are comfortable in trading between a range and making profits.its a just buying and selling in huge volumes.no fundamental investment or exit
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rajesh natarajan
Apr 19, 2020 12:21AM ET
you. are right sir
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ankush nayyar
Mar 12, 2020 12:44PM ET
2020 here again
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Aamir Mohammed
Feb 05, 2019 12:13PM ET
And it's Feb 5th again today however 2019. yet 8739 is possible ;)
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Ganesh Wakshe
Jul 06, 2017 3:15AM ET
Nifty
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0
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