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What's being said about... Indian Stock Market

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Wednesday 8 September 2010

Daily Nifty Levels - 09 Sep 2010

Doji formed today indicating indecision. Nifty has tested Upper bands and now should test mid band i.e EMA levels. Bollinger band width has increased and now down days can also be century days. Be careful at top. Play the levels.

Daily Chart - Ultimate Osc OB, StochRSI OB, Money Flow Index - turns down from OB level
Weekly Chart - Ultimate Osc not clear, StochRSI OB, Money Flow Index - tapering down

OI analysis - Market ripe for correction.


1 comment:

mcx tips said...

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