November 9, 2010

Nifty daily analysis

  • If nifty remains above 5 day high ema than we may not see the correction.
  • Nifty has closed above 5 day high ema, If it starts to trade below it than we may see some weakness.
  • Nifty has closed below 6284 which was mentioned yesterday. Bulls will try to scale above 6284 again if they are not successful we may see correction and spot may test 6250.
  • DOW JONES ANALYSIS AFTER CLOSING BELL

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