Nifty 50 stocks study charts

Thursday, November 5, 2015

Nifty 5 Nov 2015

                                                                    5 mins chart

Nifty did not sustain above day's low yesterday and corrected heavily. Today it opened in red and slipped further down. This is indication that nifty has some more downside from current level. If nifty manages to break out of the YELLOW line (near 8000) above then it is a trend reversal.

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