Nifty 50 stocks study charts

Tuesday, July 9, 2013

Nifty 9 July 2013 9:30 AM

                                                         30 mins chart

Nifty has opened gap up and above upward trading channel which seems to be a bullish sign. Rupee falling below 60 may give our markets further strength. Nifty has a resistance upside and if breaks the level of 5900 and sustains there then only bullish rally may start below that level there is sideways ans confusing movement. 

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