{"id":3550,"date":"2010-07-08T08:33:49","date_gmt":"2010-07-08T03:03:49","guid":{"rendered":"http:\/\/www.niftylivecharts.com\/blog\/?p=3550"},"modified":"2024-09-17T15:04:06","modified_gmt":"2024-09-17T09:34:06","slug":"dow-jones-made-tripple-bottom-nifty-can-touch-5500-5550","status":"publish","type":"post","link":"https:\/\/www.niftylivecharts.com\/blog\/dow-jones-made-tripple-bottom-nifty-can-touch-5500-5550\/","title":{"rendered":"Dow Jones made Tripple Bottom ( Nifty can Touch 5500 \/ 5550 ? )"},"content":{"rendered":"

Date 08-July-2010<\/p>\n

Time 08:30 AM<\/p>\n

Can Nifty touch 5500 \u2013 5550 now ?<\/p>\n

Dow Jones has made another remarkable jump from its 9800 mark<\/strong>.<\/span> This level was quite crucial, as the next trend has to be decided by trading of US markets. Last time when Dow Jeans came to 9800 Level, the Nifty was trading at 4800 Levels<\/strong><\/span> too and as Dow Jeans has shown the strength, the Nifty also traded higher and gave a rally of almost 500 points, reaching the mark of 5300.\u00a0 This time it looks like that the markets were not in a mood of correction for the time being.<\/p>\n

Nifty is trading in upside channel and has taken support as per the bottoms of channel. The upside resistance of nifty comes at around 5500 \u2013 5550<\/strong>.<\/span> So possibly in July itself we may see these levels<\/p>\n

\"\"<\/a><\/p>\n

Nifty Graph Can be seen below<\/strong><\/p>\n

\"\"<\/a><\/strong><\/p>\n

More closely, look at the charts of Nifty for upside Channel movement confirmation<\/strong><\/p>\n

\"\"<\/a><\/strong><\/p>\n

The Main Trend look to be bullish only. Possibly\u00a0 With small reactions rallying in it <\/strong><\/p>\n

Short selling is not advisable as of now. <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Date 08-July-2010 Time 08:30 AM Can Nifty touch 5500 \u2013 5550 now ? Dow Jones has made another remarkable jump from its 9800 mark. This level was quite crucial, as the next trend has to be decided by trading of US markets. Last time when Dow Jeans came to 9800 Level, the Nifty was trading […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1912],"tags":[8410,8392,8391,8390],"class_list":{"0":"post-3550","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-trade-like-a-professional","7":"tag-featured","8":"tag-is-it-time-to-buy-calls-in-nifty","9":"tag-nifty-can-touch-5550-in-july","10":"tag-nifty-target-5500-in-july","11":"entry","12":"has-post-thumbnail"},"_links":{"self":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/posts\/3550","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/comments?post=3550"}],"version-history":[{"count":3,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/posts\/3550\/revisions"}],"predecessor-version":[{"id":6885,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/posts\/3550\/revisions\/6885"}],"wp:attachment":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/media?parent=3550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/categories?post=3550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/tags?post=3550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}