Technical Forecast for 13-August- 2013 for Nifty
On 12-August-2013, Nifty Closed at:5,612.40 (+46.75 points) recovering from lows of the day on account of shortcovering by bears. For 13-aug-2013,tuesday morning, there can be unwinding of positions by traders due to overbought trin.
Daily trend(as per XL trading system):down trend
Market Type(as per XL trading system): bear market
Daily Nifty Technicals Snapshot:
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