April 18, 2015

NIFTY Weekend update

  • Daily time frame shows another correction from a bearish engulfing pattern.
  • Weekly price action too looks bearish but 20 Week SMA may act as support. Price closed the week at 20 Week SMA.
  • Daily chart is near 100 Day SMA which may act as support. Bigger falls if these two crucial levels fails to act as support.
  • TCS Trend update: CLICK Here

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