Aug 18, 2012

Nifty Weekly Chart Update -20Aug2012


  • Weekly Stochastics Chart Show bullish view 
  • Weekly line chart shows a crucial support resistance line. Weekly close above this line will strengthen bulls further.
  • Bulls need to close above 100 Week SMA and the falling resistance line for gaining momentum.
  • If price moves above 100 Week SMA then it could lead to upper Bollinger band at 5450.







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