Nifty 50 stocks study charts

Wednesday, April 10, 2013

Nifty 10 Apr 2013 8:39 AM

                                                             30 mins chart

 Nifty after opening gap up rallied and touched 5600 but it faced resistance there and broke all the supports downside. (In bear market resistances are more important than supports). Nifty is weak but may rally upwards suddenly as there is too much pessimism about nifty and it is also oversold.

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