Nifty Spot Trying To Sustain: But Fails
The NSE Nifty spot closed at 5363 after opening below 5390 (In previous report, it was indicated as major opening level: if opens above 5390, nifty will move towards 5600). Still nifty spot is above 5 day exponential moving average and it can't be said that nifty is in bearish mood. On the other hand, is we see slow stochastic, it is in bullish phase with good buying pressure. The impact of this situation,...
