Nifty 50 stocks study charts

Friday, May 31, 2013

Nifty 31 May 2013 8:46 AM

                                                            30 mins chart

Nifty after many efforts to break the resistance zone finally broke it and managed to close above high of 29th May 13 (6122) at 6124. This indicates bullish momentum will continue. But to confirm bullish momentum it should sustain above yellow line for some time.

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