Nifty Monthly Chart![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh88hz5szBh4an4aj3fuHvw-8EfrXMMV0zFuwy3nL_Lwnhwj8aMnuwABi9i5a_PVIZ45TV3fRndM6IWP7Ik4JztRF4vVjY_dYK4FuZwT5lgnHJhuxnGZ3h6cBpxbd236j33I2aHSvWR4Hn3/s400/NiftyMonthly030110.png)
Nifty managed to give a breakout from range it was stuck in for last three months but breakout was on low volumes .
Nifty Weekly Chart![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgppDTsTo9H4QbbcN2EQKCXSyGoNQLQtzWlgSRmtyE5-jsKq303UJbnXzq_iay9UU96qMJq6QuF7Bmh0TwSdzWWURtMGhBdaEWri_80AFq9bOlGtEZZXypL6bwCchYXvL2p7Y5qr1yb1hWA/s400/NiftyWeekly130110.png)
On weekly chart also nifty managed to give a breakout from ascending triangle but again as the breakout was on thin volumes one should be cautiously long.
Nifty Daily Chart![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiMVgLRT9b68OJ14imFfdqotMxMAeE6wODV6Y3MELtrlolIg_fkiNqcDWG75VTp3BGbkZpWsKaOggzjrlVcusF-yF2E52b8h3jf9C-Cmf6it3BIUaX7YmZb24ildzcM0WxbNHJZczkPzZXj/s400/NiftyDaily030110.png)
Support and resistance for nifty for 04/01/10 are shown on the chart.
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