Nifty Weekly Levels for 20 Dec
Nifty Long Call Initiated by Nifty Trading System [Click on Link to Know more about Nifty Trading System]
Nifty spot has crossed 5 EMA over 20 SMA on upside with MACD also showing positive divergence.
As stated in Post we can initiate longs in Nifty with SL of 5855
Nifty Daily Chart
Nifty on Daily Charts has formed Higher Low formation from low of 5690 and 5721 which is having bullish implication.
On Upside if we are able to cross 5954 on closing basis we can see a rise till 50 DMA @ 6040 and …
Read the full story »
Nifty spot has crossed 5 EMA over 20 SMA on upside with MACD also showing positive divergence.
As stated in Post we can initiate longs in Nifty with SL of 5855
Nifty Daily Chart
Nifty on Daily Charts has formed Higher Low formation from low of 5690 and 5721 which is having bullish implication.
On Upside if we are able to cross 5954 on closing basis we can see a rise till 50 DMA @ 6040 and …
Read the full story »
posted by Bramesh at
7:38 PM
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