Nifty 50 Weekly Outlook

By | February 15, 2009


As visible from the Data

NSE 5-Day Simple Moving Average 2924
NSE 21-Day Simple Moving Average 2820
NSE 5-Day EMA 2911
NSE 13-Day EMA 2870
NSE 21-Day EMA 2860

SO as per the analysis 2860 and 2870 will provide support and if that is broken than 2820 and 2790

Get ready for a bear Hug

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