Nifty 50 stocks study charts

Wednesday, March 9, 2016

Nifty 9 March 2016

                                                                     5 mins chart

Nifty has been trading sideways since last two trading sessions. Today it moved in uptrend and filled the gap it made because of  the gap down opening but remained range bound. Nifty needs decisive breakout on either sides for further direction.
From the chart it is clear that GREEN line is the most important level to watch.

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