Feb 15, 2011

Nifty index EOD 14-feb-2011

Blue Trendline with 20day EMA brown line below it may resist.
Nifty yet to get out of the downward channel.
20day EMA still below 50day EMA,
50day EMA above 200day EMA.
Nifty between 400day EMA and 200day EMA.

1 comment:

alphabet1 said...

Hi,
I think here just looking at Swing Levels on eod and 60M could show the way.
A quick test could be 3ema/3sma cross.
Do cross check and share yr views.

Have a nice day