Thursday 26 March 2015

Nifty breaks trendline support, What next ?

Nifty closed below its 100 DMA and below its trendline support. As per Pyrapoint Analysis Nifty broke its 180 degree line and than no attempt was made to move above 180 degree line and nifty declined towards its 225 degree and closing well below it. So for the first time we are breaking trendline, next technical support for market is 200 DMA. Till today's high is not crossed their is high

0 comments:

Post a Comment

 
Design by Free WordPress Themes | Bloggerized by Lasantha - Premium Blogger Themes | Online Project management