Technical Forecast for 4 - September - 2013 for Nifty
After forecast,was bang on target, On 3-September-2013, Nifty Closed at:5,341.45 (-209.30 -3.77 %) on account of profitbooking due to overbought trin. On 4-September-2013, markets will recover from day's low due to profit booking by short sellers and bears.
Daily trend(as per XL trading system):downtrend
Market Type(as per XL trading system): bear market
Daily Nifty Technicals Snapshot:
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