December 14, 2013
- Daily chart is approaching crucial support levels like 23.6% Fib level and 50 Day SMA.
- Daily chart With MACD shows price correction after negative divergence. Weekly indicators too is starting to turn down with Negative price action.
- So if price starts to trade below 50 Day SMA, Bigger correction is possible.
- RELIANCE INFRA Weekly Resistance line
- TATA MOTORS WEEKLY RESISTANCE LINE