Nifty 50 stocks study charts

Monday, September 22, 2014

Nifty 22 Sept 2014

                                                               5 mins chart

Nifty had failed to sustain above 8130 (our decider level which nifty was trying to break and sustain above on Friday) and closed the last week below it.
Today nifty opened gap down which indicates more downside if it does not break out of 8130 and sustain above it.
8061 is a level where nifty may find support.

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