Nifty 50 stocks study charts

Friday, May 27, 2016

Nifty 27 May 2016

                                                                    5 mins chart

Nifty reversed its trend from down to up on 25th May and since then it has been making newer highs (after decisively breaking out of previous high). Now Nifty's one way rally without any correction shows that Nifty may be at overbought level now. (dotted ORANGE line at 8145 to watch)

No comments:

Post a Comment