20/03/2015
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For FREE members : 20 March 2015 :
As predicted and advised as”Trend is still sell on rise” and it happened. On daily chart , Nifty spot is closed below 55 DMA (8659) and above to 23.6% (8620) retracement from top , so one can expect pull back from this level to 55DMA+. If Nifty is not able to sustain above 21WMA (8550) then one can expect Nifty to trade below 55WMA(8353) and further below to 200 WMA(8196). So Trade as per today’s intra levels. Major support levels on closing basis are 8610- 8557-8475- 8420 and major resistance levels on the closing basis are 8685-8775-8825-8895- 8960- 9062-9190.
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For premium members : 20 March 2015 :
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