Monday, April 21, 2014

RMA 1 HR 22 Apr update

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.

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