Nifty daily chart below portrays a slighly negative picture for the short term. RSI is almost into the neutral territory with some negative divergence and ROC is already in the negative zone. But the 50days and 100days moving averages are still rising, implying that there is no serious signal for medium or long term [...]
S&P CNX NIFTY: WEEKLY OUTLOOK
June 21, 2009
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