Showing posts with label macd buy in positive. Show all posts
Showing posts with label macd buy in positive. Show all posts

Monday, August 13, 2012

Nifty still strongly placed, MACD buy in positive, huge rally possible

Nifty is still in a strong position. A possibility of a great run is open since MACD is in a buy mode in the positive territory. The chart is weakening somewhat on 3 month charts, but it is quite normal on longer term chart, say 1 year and 3 years. One should stay long with a stop loss of 5130.