March 18, 2011

Nifty Daily Analysis

  • Nifty's moving average is showing a bearish alignment.
  • 20 day moving average is approaching 50 dma. 
  • We had a similar event near 6000 levels. For this one to work perfectly Price should continue to stay below 20 day moving average.
  • Bears will get bigger gains once the trend line shown in weekly chart gets broken.
  • SILVER May Give a Bearish engulfing Weekly candlestick pattern
By at

2 comments:

Subscribe to: Post Comments (Atom)