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Thursday, September 11, 2008

Nifty 30min Charts Wont reflect Sentiments

Nifty CMP : 4288
 
It an easy guessing day. As anybody would guess from the singapore nifty or may from the cues of Dow Jones that market gonna start with a positive note.

But you can infer from that charts that the today's morning start up move in the nifty is predecided yesterday itself.

Nifty 20 EMA - 4335(30min charts)
Nifty 20 EMA - 4370(60 min charts)
 
 
 
 


Short on bounce back is the good strategy.. No Sentiments

 
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