Technical Forecast for 16-August- 2013 for Nifty
On 14-August-2013, Thursday, Nifty Closed at:5,742.30 (+43 points) on account of shortcovering by bears. For 16-aug-2013, there can be unwinding of positions by traders due to weekend 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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