Friday, February 13, 2015

Nifty Feb 13 outlook

Nifty overall impression is a hanging man for today
It has touched 20 day moving average, which may prove good resistance
Nifty already used 50 day moving average to bounce sharply
If Nifty break 50 DMA it should rest between recent trend line and 100 DMA i.e. 8200 to 8300

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