Monday, May 14, 2012

+ve divergence in short term indicators, bounce is expected

If the market is able to sustain above the day pivot 4937 and trade above it for a long period and able to close above 4995 5DEma will strengthen the up move. Close above 5013 80% of the fall from 5037 to 4907 will add to it.

NIFTY:




OI:

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