July 20, 2012
- Nifty week shows price struggling to sustain above weekly Ichimoku cloud. Last attempt to sustain above it resulted in a fall as show in the first chart. Nifty bulls are making another attempt to sustain above the cloud. Crossing the swing high will favor the bulls.
- Price is finding support at weekly middle bollinger band But the Month middle bollinger band continue to act as resistance.
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