"Week High ema" is the last hurdle for the bulls with a Friday close above that.
Thursday, August 13, 2009
Nifty follows up with a strong upmove.
Gapped up & closed above all short term averages. More such moves are possible..

"Week High ema" is the last hurdle for the bulls with a Friday close above that.
The strong momentum of yesterday continues without hesitation..
Two possible scenarios..4700 becomes the critical point.
"Week High ema" is the last hurdle for the bulls with a Friday close above that.
Elliot's Impulse waves.(Part-5)
IMPULSE WAVES :- The Basics Waves that move the market in the direction of its main trend either up or down are called Impulse waves. 1....
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5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ...
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