Monday, 4 April 2011

Nifty Outlook for 04-04-2011

Nifty Daily Chart: Nifty showed first signs of weakness on friday after a week of upside movement. Nifty need to move lower and faster from here on, if this is the new start of a leg down. RSI supports this view however we do not see sluggishness in MACD. Well we would get a clear direction in Nifty in today's session.

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