Wednesday, August 14, 2013

Technical Forecast for 14-August- 2013 for Nifty

Technical Forecast for 14-August- 2013 for Nifty

On 13-August-2013, Nifty Closed at: 5,699.30 (+86.90 points) on account of shortcovering by bears. For 14-aug-2013,Wednesday, there can be unwinding of positions by traders due to early weekend and holiday.

 Daily trend(as per XL trading system):uptrend
Market Type(as per XL trading system): bear market

 Daily Nifty Technicals Snapshot:

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