August 12, 2016

NIFTY Morning Update

  • Daily chart shows a possible rising support line. Confirmation of weakness on daily close below this line.
  • Price is testing 20 Day SMA on its way up. More strength for bulls if daily sustains above 20 SMA.
  • Month candle so far is giving hope for bears. But those hopes will fade away once and if price starts to trade above last month high which is 8674.
  • CRUDE OIL CHART UPDATE
-->

1 comment:

  1. daily time frame chart diagonal triangle activation, up

    ReplyDelete