January 10, 2017

NIFTY Morning update

 
  • Nifty bulls need to close above 200 SMA to gain momentum.
  • Weakness below 50 Hour SMA and 8218 levels as shown in 2nd chart.
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3 comments:

  1. Sir what is 2118 shown on charts?

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    Replies
    1. Sorry Ravi that was a Typo. I took some of those Images early in the morning and hence the error. We saw 2118 in Nifty in March 2009 So that was a Big Joke.

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    2. And i am still laughing at that number. I managed to type that throughout the post.

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