Will Nifty break 50 DMA ??
Nifty Daily Chart
Nifty got resisted at 6025 ie. 50 DMA today and corrected till 5 EMA @5963
As I discussed in Nifty Weekly Analysis we will face a tough resistance around this level and break of this levels with volume can move nifty higher.
As on Daily chart we are forming higher highs and higher lows which is bullish pattern but unable to break 6025 ie 50 DMA is a negative sign for Bulls.
Volume are on lower sides as FII are having very less participation in market.
For Tomorrows Trading 2 Imp levels …
Read the full story »
Nifty got resisted at 6025 ie. 50 DMA today and corrected till 5 EMA @5963
As I discussed in Nifty Weekly Analysis we will face a tough resistance around this level and break of this levels with volume can move nifty higher.
As on Daily chart we are forming higher highs and higher lows which is bullish pattern but unable to break 6025 ie 50 DMA is a negative sign for Bulls.
Volume are on lower sides as FII are having very less participation in market.
For Tomorrows Trading 2 Imp levels …
Read the full story »
posted by Bramesh at
8:49 PM
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