RMA 1 HR update
Nifty index broke out from upper band and RMA on hourly charts crossed 60 levels.
Nifty index low on 16th Apr 2014 was 6665.15 --> 666.515.
This was clue for low in place.
We need to watch if RMA minor stays above 60 levels for next days without declining. This will indicate future trend.
Nifty index broke out from upper band and RMA on hourly charts crossed 60 levels.
Nifty index low on 16th Apr 2014 was 6665.15 --> 666.515.
This was clue for low in place.
We need to watch if RMA minor stays above 60 levels for next days without declining. This will indicate future trend.

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