Technical Forecast for 30-August- 2013 for Nifty
On 29-August-2013, Nifty Closed at:5,409.05 (+124.05) markets rallied on account of massive shortcovering and unwinding of positions on FnO Expiry,30-Aug-2013, markets will continue to rally due to short covering , oversold trin and weekend.
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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