December 17, 2014

NIFTY Chart analysis

  • Nifty daily chart shows price near some support levels. But weekly is not looking good. For Bulls price need to get back above 20 Week SMA for a possible reversal to happen.
  • Bears need price to close the week below 20 Week SMA.




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5 comments:

  1. UnknownDecember 17, 2014 at 11:00 AM

    sir.thanks..

    ReplyDelete
  2. Pooja PariyaDecember 17, 2014 at 2:32 PM

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  4. UnknownDecember 18, 2014 at 5:57 PM

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  5. Rahul SolankiDecember 27, 2014 at 3:58 PM

    Equity benchmarks closed marginally higher with the Nifty clawing back above the 8200 level, the first day of January series, supported by index heavyweights like Reliance Industries, Infosys and HDFC.
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