* High Noon* [For December 18, 2013] *Sharekhan <http://email360api.com/email360/link.php?L=409&M=1137333285&N=111003&A=111003&F=H>* www.sharekhan.com<http://email360api.com/email360/link.php?L=410&M=1137333285&N=111003&A=111003&F=H> * Summary of Contents*
*PUNTER'S CALL* *Other technical observations * On the hourly charts, the momentum indicator has turned positive and is trading around the zero line. The Nifty is trading around the 20-hourly simple moving average and the 40-hourly exponential moving average, ie 6171 and 6203 respectively, which are crucial levels in the immediate run. The market breadth is positive today with 747 advances and 361 declines on the National Stock Exchange. * ------------------------------ * *SMART CHART CALLS* * ------------------------------ * *MOMENTUM CALLS* * ------------------------------ Click here to read report: Highnoon <http://email360api.com/email360/link.php?L=5235&M=1137333285&N=111003&A=111003&F=H>* *Tug of war* The Nifty opened in the negative today, down 3 points at 6129. It is now trading at 6205. Over the next couple of days it is expected to trend down till 6129. In this period the key support will be at 6129 and resistance will be at 6250. *Regards,The Sharekhan Research Team* -- CA. Rajesh Desai -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at http://groups.google.com/group/globalspeculators. For more options, visit https://groups.google.com/groups/opt_out.
