Nifty Intra Day Chart With Important Levels

nifty 5/21 ema



nifty ema 14/55

nifty 5d

BB chart

Saturday, August 23, 2008

Upmove would hinge on global cues

The coming session is likely to witness a range of 4400 on advances and 4270 on declines. If the 4272 level is violated, expect a decline upto the 4190 levels. For the bulls to remain in charge, the Nifty spot must trade above the 4300 level consistently.
The outlook for the session on Monday is that of guarded optimism. Should the overseas cues be positive, expect a small upmove.
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