We must study the difference between Sensex and DJIA andFTSE100. WhileDjia AND FTSE100 still has scope to go higher to full its previous top and MACD has been moving to the upper line but not reached yet, so there is immediate upside movement is required to fulfill its technical destination. On the other hand ,Sensex has made its top in bollinger band but around zero in MACD.It signals a sideways movement.Target for nifty is 5527-5564-5601 and on downside 5453-5416-5379.
border='0'
Tuesday, August 10, 2010
We must study the difference between Sensex and DJIA andFTSE100. WhileDjia AND FTSE100 still has scope to go higher to full its previous top and MACD has been moving to the upper line but not reached yet, so there is immediate upside movement is required to fulfill its technical destination. On the other hand ,Sensex has made its top in bollinger band but around zero in MACD.It signals a sideways movement.Target for nifty is 5527-5564-5601 and on downside 5453-5416-5379.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment