Technical Forecast for 20-August- 2013 for Nifty

On 19-August-2013,Monday, Nifty Closed at: 5,414.75 (-93.10) on account of unwinding of positions by traders, On 20-Aug-2013, markets in state of confusion due to uncertainty in the market.

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

 Daily Nifty Technicals Snapshot: