- Bidu testing the falling resistance line. Price is also closing in on 200 Day SMA.
- Stock will stay bearish below 200 Levels. Hope for bulls only if price sustains above 200 Day SMA.
June 25, 2015
BIDU Chart analysis
Nifty Trading levels
- Nifty shows first signs of weakness at 200 Day SMA. Bears need a close below 8334 which is the 2 day low to extend weakness. Bulls will continue the up move above 8421 towards the 8500 resistance zone shown in last chart.
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