May 3, 2012

NIFTY Cloud and weekly stochastic



  • Nifty daily and weekly charts yet to close below the Ichimoku cloud.
  • Weekly stochastic lines are moving down  faster than the price. If crucial levels does not break this can be bullish. 
  • closing below 20 Week SMA will negate the above bullish view.
  • S&P 500 EOD ANALYSIS

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