Nifty Breaks 200 DMA
Nifty Hourly Chart
Nifty Hourly chart are in oversold zone and a fierce bounce can come which can take indices back to 5709 levels which is middle bollinger band.
On hourly chart RSI and STOC are in oversold region.
If we continue fall we can see levels of 5500 on cards where we can see some value buying as stocks
Nifty Daily Chart
Nifty broke 200 DMA FIRST TIME 26 mAY 2010.Moved below it for few trading sessions and than gave a fierce bounce.
As 200 DMA is a important level need to see the price …
Read the full story »
Nifty Hourly chart are in oversold zone and a fierce bounce can come which can take indices back to 5709 levels which is middle bollinger band.
On hourly chart RSI and STOC are in oversold region.
If we continue fall we can see levels of 5500 on cards where we can see some value buying as stocks
Nifty Daily Chart
Nifty broke 200 DMA FIRST TIME 26 mAY 2010.Moved below it for few trading sessions and than gave a fierce bounce.
As 200 DMA is a important level need to see the price …
Read the full story »
posted by Bramesh at
9:48 PM
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