February 3, 2012

NIFTY Analysis

  • Nifty Volume chart shows good addition in volume along with price increase.
  • 2nd chart shows chance of a bullish crossover. If price sustains above 200 SMA crossover will be effective and the up move will continue.
  • Price Testing 5 Month High EMA. For bulls price shall sustain above Last month High and 5 Month High EMA to avoid weakness.
  • DIAMOND OF DOW JONES

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