Nifty 4 day below 50 SMA

By | November 3, 2009

Nifty has remained 4 days below 50 SMA now again today is 4 day closing below 50 SMA so i am accepting a bounce back tomorrow. Above 4610 we can accept 4683 4802. Support at 4491 4419.

We will see a sharp bounce in coming days.

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