Weekly Analysis Report (NIFTY & USDINR): 28 OCT 2013-03 NOV 2013
** Our technical analysis is based on the data of Metatrader4, so, the data may not match with the respective values displaying on www.nseindia.com , www.MCX-SX.com or anywhere else,so, please adjust the data accordingly and calculate values for resistance and support levels respectively. Subscribe for Weekly Analysis Report (NIFTY & USDINR) Weekly Analysis Report (NIFTY & USDINR): 28 OCT 2013-03 NOV 2013 S&P CNX NSE NIFTY 50 (6136): Resistance: 6159 / 6219-6249 / 6325 Support: 6089 / 6035 / 5960 Our view: As of now it seems that the NIFTY may rise to see 6219-6249 levels. Over all: In the coming week, the NIFTY has good resistance near 6159 level and a breakout above which may target 6219-6249 levels. On the down side, the NIFTY has good support near 6089 level and a dip below which may find ground near 6035 level. USDINR (61.451): Resistance: 61.585 / 61.95 / 62.315 Support: 61.376 / 61.011 / 60.646 Our view: As of now, it seems that the USDINR ma