Nifty 50 stocks study charts

Monday, March 18, 2013

Nifty 18 Mar 2013 2:18 PM

                                                    30 mins chart

Nifty is facing resistance due to 20 DMA at 5842. Gap is also acting as a resistance. Nifty has formed SAUCER like pattern today as seen in the chart with bottom near 5820 from where it bounced back on 14 Feb 2013.
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