Thursday, August 29, 2013

Technical Forecast for 29-August- 2013 for Nifty

Technical Forecast for 29-August- 2013 for Nifty

On 28-August-2013, Nifty Closed at:5,285 (-2.45) markets recovered from day's low on account of massive oversold trin at 9.06 and unwinding of positions by traders ahead of FnO Expiry, 29-Aug-2013 traders can take a break today.

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

 Daily Nifty Technicals Snapshot:

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