Nifty Daily Charting using 13-34-55 EMA Principle
Wednesday, July 8, 2009 Labels: Nifty Daily Charting using 13-34-55 EMA Principle 0 comments
Applying 13-34-55 Strategy to Nifty daily charts we are able to find that nifty is trading at ultimate supports ie at 55 EMA(4077).
Possibly a bounce back from this level towards 4155 for this will make nifty a range bound behaviour between
4155-4450 levels. Failure to sustain on EOD basis will take nifty towards 3716
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