Dropout Game in Nifty

Nifty CMP : 2714
 
Chart show above is a 3 month hourly Charts for Nifty with 200 period SMA
As per 200 period SMA. Nifty is likely a buy only above 200houly SMA which 
comes exactly near 2800 as of now. Till then it is likely going to be a drop out game
in nifty

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Rajandran R

Rajandran is a trading strategy designer and founder of Marketcalls, a hugely popular trading site since 2007 and one of the most intelligent blog in the world to share knowledge on Technical Analysis, Trading systems & Trading strategies. More From Rajandran R »

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    • Rajandran is a Market Analyst and founder of Marketcalls, one of the most intelligent blog in the world to share knowledge on Technical Analysis, Trading systems & Trading strategies.