Monthly is SELL ON RISE with last month close below MONTH HEMA. WEEKLY is positive with last WEEKLY close above WHEMA. DAILY is NEGATIVE with close below DLEMA (6256) as well as below 5DEMA (6275). So now today's WEEKLY close is important. 6293 is WHEMA and 6185 is WEEKLY 5 DEMA.
Friday, December 13, 2013
Nifty...S.....6200/6194/6142...R...6250/6270
Monthly is SELL ON RISE with last month close below MONTH HEMA. WEEKLY is positive with last WEEKLY close above WHEMA. DAILY is NEGATIVE with close below DLEMA (6256) as well as below 5DEMA (6275). So now today's WEEKLY close is important. 6293 is WHEMA and 6185 is WEEKLY 5 DEMA.
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