Monday 30 September 2013

Technical updates on Nifty


Nifty daily chart



Nifty has continued down trend . It has an intermediary support around 5700 . However it is likely to be breached as RSI is not over sold . 

Nifty medium term trend


Trend  Down
Initiation Date 25-09-13
Initiated at  5873
Low Since Change 5718


Thought for the day


Remember if people talk behind your back, it only means you are two steps ahead.

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