December 31, 2010

Nifty Daily Analysis

  • Nifty has closed above the golden ratio 61.8%. Sustaining above this level can take it to 78.6% Fib level.
  • Nifty continues to close above 5 day high Ema Showing Bull strength. 
  • Bigger up move can happen once the 20 DMA does a bullish cross above 50 DMA.
  • SILVER RESISTANCE LEVEL

2 comments:

  1. Dear San

    Wishing you a Very Happy and Prosperous New Year!

    Warm regards.
    rm

    ReplyDelete
  2. Thanks rm

    Wish you a Happy and Prosperous new year

    ReplyDelete