Thursday, April 12, 2012

Nifty Intraday analysis by Illango Sir

Classic TA charts such as Macd, Rsi & stochastics show a potential reversal with rsi chart even having a price confirmation.
"5315"-WEma and R2 too same. A close above it is required to keep weekly trend up.
"5310"-Month Pivot.
"5307"-61.8% of last fall of 5379 to 5191. These are numbers to stay above for bullishness besides the JNSAR.
"5257"-intraday low will be the first weakness signal.

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