May 25, 2012

NIFTY Chart Analysis



  • Week getting support near weekly lower bollinger band. 
  • Price is getting resisted near the broken golden ratio. This level must be crossed for a sustained up move to happen.
  • Nifty near crucial levels as Week candle approaching 5 Week low EMA and Month candle near Month low EMA. Nifty Week low EMA at 4918. Month low EMA at 4937


No comments:

Post a Comment