Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
April 11, 2015
NIFTY Chart Analysis
Nifty bulls staying above 50 SMA will favor bulls to extend this up move.
Bears have hope in Golden ratio.
Indicators like RSI are yet to reach overbought status. So stay with the daily trend until it shows weakness. Moving back below 50 SMA will be the first signs of weakness.
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