Nifty 50 stocks study charts

Tuesday, August 20, 2013

Nifty 20 Aug 2013 9:20 AM

                                                      30 mins chart

Weakness in the Rupee against US dollar dragging the nifty down further. Nifty opened gap down below Support1 (at 5350) of the Pivot point (at 5425). Nifty if fails to come out of the channel then may go down further.

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