Friday, March 21, 2014

Nifty contiues to squeeze

Hi friends,
                  Nothing much has changed from my old post on nifty
The nifty continues to move in small range ,A slow time consuming move.
Lets look at the chart.
Nifty contiues to squeeze
From the chart we can see
the price range of nifty has
reduced alot so a move
is expected soon either side.
For upside a move above 6525
would confirm strength and
a move below 6470 would
confirm weakness,Even though
nifty is in small range midcaps
continue to outperform.

Lets see how nifty performs



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