Sunday, November 28, 2010

20 WMA is at 5767 and sgx Nifty closed above 5800 ...Indicating that trend is still bullish ...

20 WMA is at 5767 and sgx Nifty closed above 5800 ...Indicating that trend is still bullish ...
shaded portion indicating that  last year too after Deepawali  muhurat trading market was corrected till third week and closed at 20 WMA ..after that recovered ...at that time same was MACD  too ...
Next week closing below wma 5767 will confirm the trend in favor of bears ...
SGX closing