My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
November 18, 2013
NIFTY Chart update
- Price found support at 50 Day SMA. Price may target the 20 Day SMA for this bounce.
- One has to look for weakness near golden ratio which is around 6200 levels. Sustaining above the 6200 may retest the all time high again.
- For nifty bulls today's gap up should close near the high's to confirm strength.
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