Nifty Technical View 06-09 April

By | April 4, 2009 10:47 am

Hi All

Nifty Technical Charts shows a strong resistance at 3250 so closing above 3250 is essential for a target of 3400 which is 200 DMA.

But caution is advised on Longs as Negative Divergence is observed in RSI

Now Strategy should be Buy at dips with a sl of 2980

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