Saturday 28 September 2013

Hi Traders,

Nifty Daily Trend     :  Up 
Nifty Weekly Trend :  Side ( Down below 5800)

The Daily trend of Nifty is Up which is at support of 5800 and 20 EMA at 5806. The daily trend of the Nifty will be down below 5800.
The Nifty weekly chart shows that short term sentiments of nifty has changed to sideways. The weekly trend will change to down, below 5800.

Conclusion:
The Next week trend is sideways till 5800 holds and below 5800 it will be down.

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