Friday, March 30, 2012

Nifty Outlook Mar 30

  1. Bullish crossover of 50 and 200 SMA,
  2. Slow Stochastic is in oversold Zone
  3. Nifty is resting on 200 SMA
All the above conditions are favoring bulls, now if Nifty closed above 5217 which is eventually January 2012 high, then we may see rest of the year in green. please review article "January month Strategy"

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