Nifty 50 stocks study charts

Tuesday, April 16, 2013

Nifty 16 Apr 2013 9:18 AM

                                                            30 mins chart

Bad days to Dow ( which was moving in opposite direction to Nifty and corrected heavily yesterday) will bring good days to Nifty. Yesterday US markets corrected on bad news from China and from their own country ( bomb last in Boston) brought Dow down by more than 250 points for the first time since last so many months.
 Our major hurdle upside is 5610-5600 resistance zone which nifty needs to cross.

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