Nifty Weekly Technical forecast for Vote-on-Account week
Last Week Chopad Level of 6102
did triggered and Nifty almost did its 2 target on downside, Bulls
were able to protect the 200 DMA on weekly basis and also closing Nifty
above 6000. Next week Vote-on-Account, or interim budget for 2014-2015,
which the government will unveil during trading hours on Monday, 17
February 2014, will set the tone for the Nifty in coming week.
Nifty Hourly charts has taken resistance at its 50 DSMA, and sustaining above it, bulls will have upper hand. 6110-6120 is the range which will decide the further trend of market.
Nifty Daily Chart
Nifty is still trading in the range of
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Nifty Hourly Chart
Nifty Hourly charts has taken resistance at its 50 DSMA, and sustaining above it, bulls will have upper hand. 6110-6120 is the range which will decide the further trend of market.
Nifty Daily Chart
Nifty is still trading in the range of
posted by Bramesh at
6:37 PM
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