January 4, 2012

Nifty intraday Update

  • Nifty Hour is getting resisted at 200 Hour SMA.
  • Bulls need to close above 200 Hour SMA for continuing this up move.
  • Price staying below 4730 will favor bears.


2 comments:

  1. @San sir,
    Request you to through some light on gold charts.

    Regards,
    Nilesh Patil

    ReplyDelete
  2. @Nilesh
    I will look at the charts after nifty closing

    ReplyDelete