Nifty 50 stocks study charts

Friday, July 12, 2013

Nifty 12 July 2013 9:51 AM

                                                        30 mins chart

After opening gap up above 6000 nifty is now going down due to weakening rupee (but it is still below the psychological level of 60) and 6000 which is a psychological resistance. Two yellow lines drawn on chart should act as a support below. Trade with the trend till it bends on the chart.

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