Saturday, August 25, 2012

Nifty pivots for the week beginning August 27 2012

As expected Nifty had reversed on August 23, 2012. With Moon reaching its southern most declination on August 26th, this reversal should end by August 28th and a recovery of sorts ought to begin. 5350 is the downward level to watch. If it holds then   upward move may continue.

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