March 12, 2018

NIFTY Reversal from 200 SMA | Daily cloud and Bollinger band

  • Nifty bulls found enough velocity to move away from 200 SMA. But price is approaching crucial resistance zone between 50 and 100 SMA.
  • Nifty weekly chart shows Middle bollinger band at 10483. This is the next resistance zone for nifty bulls to close above. Weekly close above this zone may confirm strength. An intra week violation is not enough...
  • GOLD Support zone and Rounding Top

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