Technical Forecast for 6 - September - 2013 for Nifty

Technical Forecast for 6 - September - 2013 for Nifty

On 5-September-2013, Nifty Closed at:5,592.95 (+144.85) traded in a range due to lack of buying pressure at higher levels.those who missed the rally, can see the intraday trading chart given below.

On 6-September-2013, Nifty will be in range bound trading zone (bears and bulls will avoid taking positions) due to long weekend and holiday on Monday.

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

 Daily Nifty Technicals Snapshot: