Technical Forecast for 19-August- 2013 for Nifty
geniusjaggu's forecast on 16-Aug-2013 was Bang on target , On 16-August-2013,Friday, Nifty Closed at:5,507.85 by whopping -234.45 pts (-4.08 %) on account of unwinding of positions by traders due to long weekend and holiday. On 19-Aug-2013, markets will be flat due to confusion prevailing in the market.
Daily trend(as per XL trading system):downtrend
Market Type(as per XL trading system): bear market
Daily Nifty Technicals Snapshot:
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