Thursday, August 16, 2012

nifty!

market was today closed at 5362, 0.32% down!!
today side ways movement was seen in the market with mix indication for the movement!!
Level of 5300-5350 seems to be crucial..!
there will be positive movement if market sustain 5350.. otherwise downtrend will
be seen!!!
ROC have crossed downside indicating negative movement!
MACD and Stochastic are still indicating some positive movement!

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