NIFTY UP: BULLS COME BACK ???
The
NSE Nifty spot closed at 5757 up by 0.60% with the positive mood. The index is
traded in with the gap up and sustain, gap can be seen before 3 trading
sessions. There is a negative diversion in Stochastic indicator which can lead
to some correction. But on the other hand, MACD is making a fresh cut for
upward move which is favorable for long position holders. Nifty spot can be
seen nearer to 6000 level in very near future.
Happy
Trading !!
Megha
Investments & Research Team
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