Thursday, March 19, 2009

Nifty update for 19/03/2009

The William R indicator has some gap to reach the overbought zone in the EOD chart.As long nifty trades above the low of yesterday 2752 the uptrend is intact for the target of 2880-2885 if it crosses above the 2835-2840 levels.

Trading below yesterday low of 2752 will offer the target of 2685-2690 levels.

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