Thursday, December 2, 2010

Daily Nifty chart is indicating that Bulls were stopped here by 20 DMA

Daily Nifty chart is indicating that Bulls were  stopped here by 20 DMA  so  only gap up  for tomorrow will sort out the problem or it will be very troublesome for bulls to breach 20 and 100 DMA tomorrow.rest all indicators are are supporting up move  ..Only Trouble is death cross and MA resistances are great troubles Last candle too indicating indecision of traders after a gap up ...