Tuesday, September 03, 2013

Technical Forecast for 3 - September - 2013 for Nifty

Technical Forecast for 3 - September - 2013 for Nifty

On 2-September-2013, Nifty Closed at:5,550.75 (+78.95) markets rallied on account of shortcovering, oversold trin.On 3-September-2013, markets can profitbooking due to overbought trin.

 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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