September 7, 2012

NIFTY Chart analysis

 
  • Nifty Daily chart getting ready for an up move from the rising support line
  • For bulls day must sustain and close above 50 Day SMA.
  • Nifty week is poised between 50 Week SMA and Weekly cloud so a trending move may not happen until these levels are taken out.
  • S&P 500 EOD ANALYSIS

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