Nifty closed below 50SMA 1st time after 04-Jan-2017.

Nifty 50 IndexNSE

Description

⋅ Aug 12, 2017 1:15 PM

Nifty closed below 50SMA 1st time after 04-Jan-2017.
Nifty Made Doji Candle below 50SMA .
Hence further weakness only below 9680.
Bullish Trend to resume above 9780.

Trend Analysis

Comments

vishal_agarwal

⋅ Aug 12, 2017 1:39 PM

sir even it is closed below support zone only closing below the dogi nifty may test to 9529 and 9000 range