On the daily chart the benchmark index is trading above the 20-daily moving average (DMA) and the 40 DMA,5645&5730respectively.Themomentum indicator is trading
in positive mode.
On the hourly chart, the Nifty is trading above the 20-hourly moving average (HMA) and the 40-HMA, ie 5760 and 5710 respectively, which are crucial intra-day levels. The hourly momentum indicators have turned positive. The market
breadth was positive today with 832 advances and 464
declines on the National Stock Exchange
Intraday Index/Stock calls ,will Update more to our Subscribers
Lakshya Profit
lakshyai@yahoo.com
8866633999
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