- NIFTY Moving towards the top of the range (5448).
- Second chart shows another monthly candle trying to stay above 5 Month High EMA. Recent attempts to close above it has failed.
- Last chart shows Price nearing a possible resistance line from 5944 - 5629 - 5448. So nifty closing the week above 5448 may help bulls to extend this up move further.
- HINDALCO CHART ANALYSIS
Posted by San at 8:08 AM
All the contents of niftychartsandpatterns are for educational purposes only and are not Investment Advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures. Niftychartsandpatterns shall not be held responsible for the actions of individuals, parties, or corporations taken in response to the ideas, thoughts, concepts or information presented in this blog. Hence all the visitors are requested to apply their prudence and consult their financial or investment adviser before acting on any of the Ideas in this blog.