January 9, 2015

NIFTY Chart analysis


  • Nifty tying to hold above 100 Day SMA.
  • Another dip below the ichimoku cloud did not result in follow up selling. Bears need to keep price below the cloud for bigger falls to happen.
  • Last chart shows a possible triangle contraction pattern. closing outside this pattern may result in bigger moves.
  • NIFTY 50 STOCKS FREE LIVE CHARTS
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