Nifty & Bank Nifty have jumped to positive territory and are again in BUY mode.
August 6, 2012
August 3, 2012
SAR broken
Nifty has gone below the SAR (10 day EMA) at 5190 and trading at 5175 now. It is in sell mode now. BankNifty has also gone way below its SAR at 10360 and it trading at 10260 now.
July 30, 2012
Nifty and BankNifty Above the SAR
Both the indices are in buy mode today. Both are currently trading above the SAR.
June 20, 2012
20th June 2012
We are entering the last leg of the current upswing. Today market is likely to move upwards and remain above the SAR's for a day or two. The next SAR break on the downside will be severe. It may start anytime on 22nd June or 25th June.
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