Tuesday, August 27, 2013

Technical Forecast for 27-August- 2013 for Nifty

Technical Forecast for 27-August- 2013 for Nifty

On 26-August-2013, Nifty Closed at:5,476.50 (+4.75 pts) on account of shortcovering and unwinding of positions by bears,On 27-Aug-2013, markets will trade sideways with volatile movements on account of upcoming FnO expiry.

 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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