Thursday, December 15, 2011

Nifty EOD Analysis - Technical Take

Nifty might have made a bottom today on daily time frame. The candlestick made is probably a Doji at supports with oversold status almost approaching. 
Moreover the downward thrust of the prices is waning - hence I have closed my shorts today and will wait for a day or so to see which direction the prices want to go. 

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