Nifty has not crossed its recent high of 5348 convincingly. This morning also it is hovering around the mark and facing resistance here.
August 8, 2012
August 7, 2012
Nifty holds
Nifty has moved way above 10D,20D & 50D Ema. It is in positive territory till it holds 5210 spot. Next hurdle will be recent high of 5348.
August 6, 2012
NIFTY & BankNifty above SAR
Nifty & Bank Nifty have jumped to positive territory and are again in BUY mode.
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.
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