Trend of nifty stocks on 20th November

Symbol	Closing Price	Short Term	Mid Term	EMA Trend	Status	Williams
ACC	1382.65	Bear	Bear	Bear	Bear	Bear Zone
AMBUJACEM	199.4	0	Bear	Bear	Bear	Bear Zone
ASIANPAINT	3876.75	Bull	Bear	Bear	Bear	Bear Zone
AXISBANK	1214.3	Bull	Bull	Bull	Bear	Bull Zone
BAJAJ-AUTO	1850.55	Bull	Bull	Bull	Bear	Bull Zone
BANKBARODA	728.65	Bear	Bear	Dist	Bear	Bear Zone
BHARTIARTL	309.5	Bull	Bull	Accu	Bull	Bull Zone
BHEL	229.15	Bear	Bear	Bear	Bear	Bear Zone
BPCL	328.05	Bear	Bear	Dist	Bear	Bear Zone
CAIRN	334.55	Bear	Bull	Bull	BUY	Bull Zone
CIPLA	382.7	Bull	Bull	Bull	Bear	Bear Zone
COALINDIA	351.2	Bear	Bear	Bear	Bull	Bull Zone
DLF	204.55	Bear	Bear	Dist	Bear	Bull Zone
DRREDDY	1738	Bull	Bull	Bull	Bear	Bear Zone
GAIL	342.55	Bear	Bear	Bear	Bear	Bear Zone
GRASIM	3170.45	Bear	Bear	Bear	Bear	Bear Zone
HCLTECH	615.85	Bull	Bull	Bull	Bear	Bull Zone
HDFC	764.85	Bull	Bull	Neut	Bear	Bear Zone
HDFCBANK	646.75	Bull	Bull	Neut	BUY	Bull Zone
HEROMOTOCO	1842.5	Bear	Bear	Neut	Bear	Bear Zone
HINDALCO	107.55	Bear	Bear	Neut	Bear	Bear Zone
HINDUNILVR	516.65	Bear	0	Bear	Bear	Bear Zone
ICICIBANK	1021.15	Bear	Bear	Bear	Bear	Bear Zone
IDFC	154.4	Bull	Bull	Bull	Bear	Bear Zone
INFY	2358.55	Bear	Bear	Bear	Bull	Bull Zone
ITC	281.7	Bear	Bull	Bull	Bear	Bear Zone
JINDALSTEL	371.9	Bear	Bear	Bear	Bear	Bear Zone
JPASSOCIAT	89.15	Bull	Bull	Bull	Bear	Bear Zone
KOTAKBANK	622.85	Bull	Bull	Bull	Bear	Bull Zone
LT	1558.45	Bear	Bear	Bear	Bear	Bear Zone
LUPIN	561.9	0	Bear	Bear	Bear	Bear Zone
M&M	908.8	Bull	Bull	Bull	Bear	Bull Zone
MARUTI	1494.25	Bull	Bull	Bull	BUY	Bull Zone

REC – Recovering, Dttb – distribution, Accu – Accumulation

Trading the Nifty on 19 November

 

The Nifty has opened at 5624 which  wrote as a level to watch for. Although it did opened at 5624 it could travel upto 5650 and came down to touch 5559. The entire session was not very good for Nifty. From the chart we see a weak Nifty likely to loose more points.

 From here the Nifty can find support at 5550 and 5531. Apart from this I have nothing worthwhile to write about Nifty.

 The below posted pivot points are valid for 19th November

NIFTY	Classical	Camarilla	Fibonacci	DeMark
Resistance 4		5624
Resistance 3	5720	5599	5685
Resistance 2	5685	5591	5651	5685
Resistance 1	5630	5582	5629	5630
Pivot Point	5595	5595	5595	5595
Support 1	5539	5566	5560	5539
Support 2	5504	5557	5539	5504
Support 3	5449	5549	5504
Support4		5524