Daily Nifty chart showing that Nifty closed below 20 DMA with volumes ..MACD histogram moved below zero ..50 DMA is at 6020 ...so either Nifty spot will consolidate here or may bounced up ...rsi too reached at 50 ..indicating dilemma...
yesterday's prediction ...
http://dhanvarshagrp.blogspot.com/2010/11/nifty-daily-chart-showing-long-red.html
