Technical Forecast for 2 - September - 2013 for Nifty
On 30-August-2013, Nifty Closed at:5,471.80 (+62.75) markets rallied on account of shortcovering, oversold trin and weekend. On 2-September-2013, markets will continue to rally due to shortcovering, oversold trin at 2.8!.
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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