Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
December 12, 2017
NIFTY Chart analysis
Nifty daily is in a bearish channel. This could change to a Bullish flag as well.
Weakness may resume if price falls below 20 Day SMA.
Week took support at 20 Week SMA to avoid major weakness. Now major trend will resume if price sustains above 10400 levels.
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