Tuesday, May 20, 2014

Nifty continues its sideways mode to allow the averages to do "catching up"...

Nifty Intraday Update-III


Nifty Intraday Update-II


Nifty Intraday Update-I


Nifty Pre-Market View.

FII's continue to be buyers.
Prices continue to close above all key averages.
Red "b" and green "iii" direction "up".
Holding above 7225-32, uptrend continues towards the two lows(7352-64) made after the recent top and then, if strength remains & key retracements held, towards the two highs made after the top(7414-15).