Nifty 50 stocks study charts

Wednesday, June 5, 2013

Nifty 5 June 2013 9:18 AM

                                                   30 mins chart

Nifty is still bearish as it is unable to break resistances ( refer to previous post) but breaking supports. But nifty has also shed more than 200 points in last 3 trading sessions and now looks oversold.
So the wait and watch and then enter the market in direction of the trend is the wise strategy.

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