June 16, 2011

Nifty Daily Analysis

  • Nifty Week is moving down towards the trend line that's the most important point to note here. 
  • Price closed below 20 DMA.
  • Week is shown with a head and shoulders pattern.
  • Day is shown with an inverted HNS this pattern is getting weaker by the day.
  • Volatility might increase from today because of the news flow.
  • DOW JONES ANALYSIS AFTER CLOSING BELL
By at

4 comments:

Subscribe to: Post Comments (Atom)