Breaking News

Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here

Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

NIFTY: The Trend Deciding Point Works Out At 8739 Mark

By eForex TraderStock MarketsFeb 05, 2015 12:30AM ET

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

Saved. See Saved Items.

This article has already been saved in your Saved Items

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.

Related Articles

Pinchas Cohen/Investing.com

Chart Of The Day: Can You Live Without Consumer Discretionary (XLY)... By Pinchas Cohen/Investing.com - Aug 11, 2022 1

The consumer discretionary sector (XLY) has been gaining, even outperforming other industries. This sector includes non-essential goods and services like appliances, cars, and...

Stocks Soar As Inflation Increases Just 8.5% By Michael Kramer - Aug 11, 2022 25

So much for the Cleveland Fed and their CPI projection. figures, I have been following the thing for months, and the one time I publically discuss it, everything falls apart. It...

S&P Sneaks A Breakout By Declan Fallon - Aug 11, 2022 1

After Monday's reversal candlesticks there were risks of 'bull traps' for the Nasdaq and Russell 2000, but yeterday's gains have managed to negate not just the 'bull trap' risk,...

Add a Comment

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:

Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

I have read Investing.com's comments guidelines and agree to the terms described.

Write your thoughts here

Are you sure you want to delete this chart?

Post also to:

Replace the attached chart with a new chart ?

1000

Comment Guidelines

Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.

Please wait a minute before you try to comment again.

Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.

Comments (13)

Michael Felix Aug 09, 2022 2:15AM ET

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

is expected 100%

0 0

BIRYA Jul 04, 2022 2:22PM ET

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

nifty

0 0

Abhishek M R Feb 15, 2022 12:47AM ET

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

6626 call the bottom

0 1

arvind kaaliya Jul 27, 2021 1:52AM ET

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

nifty updet 15850 se

2 1

Vijayachander Peddi Jul 27, 2021 1:52AM ET

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

hey check this news belongs to 2015

0 1

Lalit Vyas Dec 14, 2020 11:05AM ET

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

No that point is 7887

2 2

Jignesh Doshi Aug 05, 2020 9:20PM ET

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

nifty predicted I think cross new high in September

0 1

akash dogra Aug 02, 2020 6:53AM ET

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

91000

0 1

Rajesh Patel Aug 02, 2020 6:53AM ET

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

khotu

0 0

Vishal Gawde Jul 22, 2020 1:12PM ET

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

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

2 1

SANKAR T. May 05, 2020 11:27AM ET

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

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

2 1

rajesh natarajan Apr 19, 2020 12:21AM ET

Follow this post

Unfollow this post

Saved. See Saved Items.

This comment has already been saved in your Saved Items

you. are right sir

1 0

<div id="comment">
				<div class="comment js-comment" data-comment-id="{commentID}" id="comment-{commentID}" data-user-id="211410547">
    <div class="mainComment js-content">
       <div class="commentInnerWrapper">
        <a href="{userLink}" class="js-user-link"><img src="{userImage}" width="33" height="33" alt="{usernameAlt}" class="img" onerror="this.src='https://i-invdn-com.investing.com/defaultUserMaleTmp.png';"></a><div class="commentBody">
                					<span class="commentUsername">
                    	<a href="{userLink}" class="js-user-link js-user-name">{username}</a>
					</span>
                                <span class="js-date" comment-date="{dateFormat}" comment-date-formatted="{dateFormatted}" title="{dateTitle}">Just Now</span>
                <div class="commentDropDown js-commentDropDownWrapper " data-user-id="211410547" data-cid="{commentID}">
	<a href="javascript:void(0);" class="threeDotsIconSmall js-thinDropdownArrow"></a>
	<div class="tooltipPopup commentActionsPop noHeader js-commentDropDownOptions displayNone">
		<div class="addRow js-option share">
			<a href="javascript:void(0);" class="js-commentSharePopup" data-cid="{commentID}" data-curl="{commentLink}"><span class="smallShareIcon middle"></span>Share</a>
		</div>

<div class="js-option addRow follow">
            <div class="js-follow-post-button">
                <span class="alertfollowIcon middle"></span>Follow this post            </div>
            <div class="js-unfollow-post-button displayNoneImp">
                <span class="alertUnfollowIcon middle"></span>Unfollow this post            </div>
        </div>

<div class="addRow js-option save">
		<a href="javascript:void(0);" class="js-save-item-btn" data-item-type="comments" data-item-id="{commentID}">
			<i class="saveItemBigIcon middle"></i>
			Save		</a>
	</div>
	<div class="addRow saveItemsConfirmation noHover displayNone js-saveItemResult">
		
<div class="content js-saveItemSuccess displayNone">
	<span class="mediumGreenSuccessIcon"></span><span>Saved. See <a href="/members-admin/saved-items" target="_blank">Saved Items</a>.</span>
	<a href="javascript:void(0);" class="bugCloseIcon js-close"></a>
</div>
<div class="content js-saveItemAlreadySaved saveItemAlreadySaved displayNoneImp">
	<span>This comment has already been saved in your <a href="/members-admin/saved-items" target="_blank">Saved Items</a></span>
	<a href="javascript:void(0);" class="bugCloseIcon js-close"></a>
</div>
	</div>

<div class="addRow js-option blockUser js-block-option" data-comment-id="{commentID}"  data-user-id="211410547">
			<a href="javascript:void(0);">
				<span class="blockIcon middle"></span>Block User			</a>
		</div>
				<div class="addRow shareButtons js-sharePopup displayNone">
			<div class="js-shareComment"><span class="js-shareCommentSpan"></span></div>
		</div>
	</div>
</div>
                 <div class="commentAuthor js-comment-by-author"><span class="commentAuthorIcon"></span>Author's response</div>             </div>
		<div id="commentText-{commentID}" class="js-text-wrapper commentText withImage">
							<div id="commentBigChart{commentID}" class="commentBigChart js-comment-chart" onclick="openViewChartPopup('{commentID}')">
					<img src="https://d1-invdn-com.investing.com/comments_images/{commentImage}" alt="{commentAlt}">
					<i class="newMagnifyChartIcon"></i>
				</div>
						<span class="js-text">{commentContent}</span>
			<div class="clear"></div>
							<div class="commentButtons js-not-master-user">
					<a href="javascript:void(0)" class="reply js-reply-btn" data-real-parent-id="{commentID}" data-to-user-name="{username}" data-to-user-id="211410547">Reply</a>
					<div class="inlineblock likeDislikeBox js-like-dislike-box" data-item-id="{commentID}">
	<input class="js-like-checkbox" type="checkbox" name="option" value="Yes" id="like_{commentID}">
	<label for="like_{commentID}" class="like" title="I agree"></label>
	<span class="numOfLikes js-like-count lighterGrayFont">0</span>
	<input class="js-dislike-checkbox" type="checkbox" name="option" value="No" id="dislike_{commentID}">
	<label for="dislike_{commentID}" class="dislike" title="I disagree"></label>
	<span class="numOfDislikes js-dislike-count lighterGrayFont">0</span>
</div>

<div class="reportComment js-flag float_lang_base_2">
                            <a href="javascript:void(0);" id="commentFlag_{commentID}">
                                <span class="reportCommentIcon middle"></span><span class="inlineblock middle">Report</span>
                            </a>
                        </div>
                    				</div>
					</div>
	   </div>
	</div>
	</div>			</div>
			<div id="reply">
				
    <div class="commentReply js-comment js-comment-reply" data-comment-id="{commentID}" id="comment-{commentID}" data-user-id="207257483">
		<div class="commentInnerWrapper"><a href="{userLink}" class="js-user-link"><img src="{userImage}" width="33" height="33" alt="{usernameAlt}" class="img" onerror="this.src='https://i-invdn-com.investing.com/defaultUserMaleTmp.png';"></a><div class="commentBody js-content">
            				<span class="commentUsername">
					<a href="{userLink}" class="commentUsername js-user-link js-user-name" onMouseOver="">{username}</a>
				</span>
                        <span class="js-date" comment-date="{dateFormat}" comment-date-formatted="{dateFormatted}" title="{dateTitle}">Just Now</span>
			 <div class="commentAuthor js-comment-by-author"><span class="commentAuthorIcon"></span>Author's response</div> 			<div class="commentDropDown js-commentDropDownWrapper " data-user-id="207257483" data-cid="{commentID}">
	<a href="javascript:void(0);" class="threeDotsIconSmall js-thinDropdownArrow"></a>
	<div class="tooltipPopup commentActionsPop noHeader js-commentDropDownOptions displayNone">
		<div class="addRow js-option share">
			<a href="javascript:void(0);" class="js-commentSharePopup" data-cid="{commentID}" data-curl="{commentLink}"><span class="smallShareIcon middle"></span>Share</a>
		</div>

<div class="js-option addRow follow">
            <div class="js-follow-post-button">
                <span class="alertfollowIcon middle"></span>Follow this post            </div>
            <div class="js-unfollow-post-button displayNoneImp">
                <span class="alertUnfollowIcon middle"></span>Unfollow this post            </div>
        </div>

<div class="addRow js-option save">
		<a href="javascript:void(0);" class="js-save-item-btn" data-item-type="comments" data-item-id="{commentID}">
			<i class="saveItemBigIcon middle"></i>
			Save		</a>
	</div>
	<div class="addRow saveItemsConfirmation noHover displayNone js-saveItemResult">
		
<div class="content js-saveItemSuccess displayNone">
	<span class="mediumGreenSuccessIcon"></span><span>Saved. See <a href="/members-admin/saved-items" target="_blank">Saved Items</a>.</span>
	<a href="javascript:void(0);" class="bugCloseIcon js-close"></a>
</div>
<div class="content js-saveItemAlreadySaved saveItemAlreadySaved displayNoneImp">
	<span>This comment has already been saved in your <a href="/members-admin/saved-items" target="_blank">Saved Items</a></span>
	<a href="javascript:void(0);" class="bugCloseIcon js-close"></a>
</div>
	</div>

<div class="addRow js-option blockUser js-block-option" data-comment-id="{commentID}"  data-user-id="207257483">
			<a href="javascript:void(0);">
				<span class="blockIcon middle"></span>Block User			</a>
		</div>
				<div class="addRow shareButtons js-sharePopup displayNone">
			<div class="js-shareComment"><span class="js-shareCommentSpan"></span></div>
		</div>
	</div>
</div>

</div>
		<div id="commentText-{commentID}" class="js-text-wrapper commentText withImage">
							<div id="commentBigChart{commentID}" class="replyBigChart displayNone js-comment-chart">
					<img src="https://d1-invdn-com.investing.com/comments_images/{commentImage}" alt="{commentAlt}">
					<i class="newMagnifyChartIcon"></i>
				</div>
				<span id="commentSmallChart{commentID}" class="commentSmallChart pointer js-comment-chart" onclick="openViewChartPopup('{commentID}')">
                    <img src="https://d1-invdn-com.investing.com/comments_images/{commentImageSmall}" width="116" height="52" alt="{commentAlt}">
                    <span class="chartMagnifyOverlay displayNone"></span>
                    <span class="searchGlassIcon chartMagnify displayNone"></span>
                </span>
						<span class="js-text">{commentContent}</span>
			<div class="clear"></div>
							<div class="commentButtons js-not-master-user">
					<a href="javascript:void(0)" class="reply js-reply-btn" data-real-parent-id="{commentID}" data-to-user-name="{username}" data-to-user-id="207257483">Reply</a>
					<div class="inlineblock likeDislikeBox js-like-dislike-box" data-item-id="{commentID}">
	<input class="js-like-checkbox" type="checkbox" name="option" value="Yes" id="like_{commentID}">
	<label for="like_{commentID}" class="like" title="I agree"></label>
	<span class="numOfLikes js-like-count lighterGrayFont">0</span>
	<input class="js-dislike-checkbox" type="checkbox" name="option" value="No" id="dislike_{commentID}">
	<label for="dislike_{commentID}" class="dislike" title="I disagree"></label>
	<span class="numOfDislikes js-dislike-count lighterGrayFont">0</span>
</div>

<div class="reportComment js-flag float_lang_base_2">
                            <a href="javascript:void(0);" id="commentFlag_{commentID}">
                                <span class="reportCommentIcon middle"></span><span class="inlineblock middle">Report</span>
                            </a>
                        </div>
                    				</div>
					</div>
		</div>
    </div>
			</div>
			<div id="show-more-comments">
				<a class="showMoreComments block">
					<span class="arial_12 showArrowafter">Show more comments (<span class="js-amount"></span>)</span>
				</a>
			</div>
			<div id="show-more-replies">
				<a class="showMoreReplies block">
					<span class="arial_12 showArrowafter">Show more replies (<span class="js-amount"></span>)</span>
				</a>
			</div>

Are you sure you want to delete this chart?

Replace the attached chart with a new chart ?

1000

Comment Guidelines

Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.

Please wait a minute before you try to comment again.

I feel that this comment is:

Spam

Offensive

Thank You!

Your report has been sent to our moderators for review

More Categories

1D1W1M6M1Y5YMax

	US 30	33,467.7	+158.2	+0.47%
	US 500	4,227.1	+16.9	+0.40%
	Dow Jones	33,469.57	+160.06	+0.48%
	S&P 500	4,226.55	+16.31	+0.39%
	Nasdaq	12,869.07	+14.27	+0.11%
	S&P 500 VIX	20.11	+0.37	+1.87%
	Dollar Index	104.945	-0.135	-0.13%

	Crude Oil WTI	93.56	+1.63	+1.77%
	Brent Oil	98.99	+1.59	+1.63%
	Natural Gas	8.369	+0.167	+2.04%
	Gold	1,802.25	-11.45	-0.63%
	Silver	20.233	-0.509	-2.45%
	Copper	3.6907	+0.0412	+1.13%
	US Soybeans	1,447.00	+19.00	+1.33%

	SPDR S&P 500	421.98	+1.99	+0.47%
	iShares Russell 2000	197.64	+2.02	+1.03%
	Invesco QQQ Trust	326.06	+0.13	+0.04%
	Direxion Daily Junior Gold Miners Bull 2X Shares	36.92	-0.87	-2.30%
	iShares Silver	18.69	-0.26	-1.37%
	ProShares Ultra VIX Short-Term Futures	9.20	+0.03	+0.29%
	ProShares UltraPro QQQ	36.56	+0.07	+0.18%

	Apple	169.17	-0.07	-0.04%
	Alphabet A	119.33	-0.37	-0.31%
	Tesla	866.84	-16.24	-1.84%
	Amazon.com	141.33	-1.36	-0.95%
	Netflix	244.11	0.00	0.00%
	Meta Platforms	179.03	+0.69	+0.39%
	Bank of America	35.72	+0.65	+1.85%

Most Popular Articles

U.S. CPI Aftermath, Disney, PPI, Jobless Claims and IEA - What's... By Investing.com - Aug 11, 2022 8

S&P 500 above three-month high on more signs of cooling inflation By Reuters - Aug 11, 2022 22

Oil rises as IEA hikes 2022 demand growth forecast By Reuters - Aug 11, 2022 7

U.S. producer prices fall in July; weekly jobless claims rise By Reuters - Aug 11, 2022 3

Wall Street rally lifts Nasdaq 20% from low as inflation fears ebb By Reuters - Aug 10, 2022 105

Beyond Meat: Shares Plummet As Americans Don't Swallow Plant-Based... By Haris Anwar/Investing.com - Aug 10, 2022 27

4 Dividend Aristocrats That Could Outperform The S&P 500 During... By Ismael De La Cruz/Investing.com - Aug 10, 2022 1

Natural Gas: Are Current Rallies In Thin Air, With No Storms And... By Barani Krishnan/Investing.com - Aug 11, 2022 20

3 Inflation-Beating Dividend Stocks Offering Upside By Jesse Cohen/Investing.com - Aug 10, 2022 3

Gold: Impact From CPI Won’t Last Given Long Window To U.S. Rate Hike By Barani Krishnan/Investing.com - Aug 10, 2022 23

Central Banks Rates

	Central Banks		Interest Rates	Next Meeting
		FED	2.50%	Sep 21, 2022
		ECB	0.50%	Sep 08, 2022
		BOE	1.75%	Sep 15, 2022
		SNB	-0.25%	Sep 22, 2022
		RBA	1.85%	Sep 06, 2022
		BOC	2.50%	Sep 07, 2022
		RBNZ	2.50%	Aug 17, 2022
		BOJ	-0.10%	Sep 22, 2022
		CBR	8.00%	Sep 16, 2022
		RBI	5.40%	Sep 30, 2022
		PBOC	3.70%
		BCB	13.75%	Sep 21, 2022