NIFTY OUTLOOK (10th August, 2012)SELL RECOMMENDATION ON HIGHER LEVELS: UNTILL NIFTY SPOT DOESN'T CROSS 5397
The NSE Nifty spot closed at 5331 down by only -0.1% in the closing after made a high of 5368. As yesterday's nifty outlook, it was said about selling pressure on higher levels which is still continue until Nifty spot doesn't close above 5397, a crucial level of trend line and indicated in given chart. If we analyze the lower indicators, MACD...
