My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
June 24, 2016
Nifty chart analysis
Brexit has given huge gains for Nifty bears. More intraday weakness if stays below 7939 levels. Daily is trying to close below 50 Day SMA Bears need a daily close below this line to extend gains. Price may target the rising support line shown in chart 1 if the weakness continues.