Saturday, July 27, 2013

Nifty will be weak only below 5800 as per weekly chart

Last week it was shared that “  it is predicted that nifty may trade in range of 5950 to 6175 in coming week with volatility …If no major negative news will not be there…as news rules over technical indicators.” http://dhanvarsha.in/nifty-macro-micro-analysis-week-ending-26-july-13/ and nifty traded between 6094 -5870    before closing at 5886 well above 50 wma 20 wma and fib support level .To learn about fib watch hindi video ..


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chart is showing that nifty is in positive zone …will be weak only below 5800  as per weekly chart ….have a look


Nifty will be weak only below 5800 as per weekly chart ..above it stay long and buy on dips  book profit  later .


NIFTY_Weekly_27-07-2013


 




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Nifty will be weak only below 5800 as per weekly chart

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