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| BUZZING NIFTY:SUPPORT OF 200WSMA |
Nifty found support at 200 week SMA at 4812 and bounced sharply,desperate attempt by the bulls to keep nifty above this level,
The Second chart shows that nifty got resisted at the 68% retracement from the fall 4930-4756
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| BUZZING NIFTY: FIBONACCI RETRACEMENT |
The third chart of nifty in 5min shows V shaped recovery, holding above the trend line is the only hope for the bulls
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| BUZZING NIFTY: V SHAPED RECOVERY IN 5 MIN CHART |
Nifty support for 27th Sept at 4835,4812 and resistance at 4864,4893 level
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3 comments:
Brent, NYMEX fall in Asia as output freeze outlook ebbs; U.S. rigs weigh.
Gold prices weaker in Asia as statements, data parsed on Fed rate views.
LME Copper to See Range-Bound Trading.
CapitalStars
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