Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
May 20, 2016
Nifty support and resistance levels
Crucial support for nifty is the 50 Day SMA Line. Close below this one may tilt the balance in favour of bears.
Daily shows a broad range between 7680 to 8000 level. There is a small range within this big one which is stopping bigger moves from happening.
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