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Wednesday, June 20, 2012

NIFTY SPOT EOD CHART - 20 JUN 12


NIFTY SPOT EOD CHART - 19 JUN 12


Finally Death Cross happened. But the price still able to move up and close above 5DEMA.
From here 5166 will be 1.2% by 62 points & 5190 will be 1.61% by 86 points on the upside, let us see whether Bulls have power to conquer it today.


And it seems  5030 will act as a Strong Support and breaking of 5030 on the downside may bring more lows.

Thursday, June 14, 2012

NIFTY SPOT EOD CHART - 14 JUN 12


    Is it going to be Death Cross or a Fast Rise?!! Need to Wait and Watch..
    It seems both Bulls and Bears have controls!!!