June 25, 2010

Nifty Daily Chart analysis

NIFTY WEEK CHART
NIFTY DAILY CHART
NIFTY DAILY CHART


  • Nifty after many day's have closed below the 5 day high EMA. indicating a short term weakness.
  • Nifty is giving candlestick patterns like dojis indicating indecision among buyers and sellers.
  • I have added the weekly chart with trend lines which shows support at lower levels.

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