March 1, 2012

Nifty intraday Update

  • Nifty 15 Minutes shows the down moves in smaller time frames.
  • Breaking below 5268 will strengthen bears.
  • Nifty is weak below 200 Hour SMA. Braking below the earlier support of 5268 will add to the bearishness. 
  • Bulls has to take support at these levels and close the hours above 200 Hour SMA for avoiding a larger breakdown.
  • USDINR BULL FLAG AND H&S PATTERN
  • GOLD CHART ANALYSIS
  • SILVER DILY CHART ANALYSIS

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