Tuesday, February 12, 2013

Down move terminated at 5879 ?

Today's(12-2-13)Chartink chart with 4DMA, 10EMA and 64DMA. As seen in the chart, in earlier occasions also down move terminated at 64DMA. If tomorrow Nifty spot remains above today's 4DMA ie. 5916 longs can be initiated with SL 5916.

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