Showing posts with label nifty gap. Show all posts
Showing posts with label nifty gap. Show all posts

Tuesday, July 24, 2012

Nifty to resume uptrend after Stochastics goes into buy

Nifty is currently correcting and filling the gap that was formed a couple of weeks back. It will resume sharp uptrend after Stochastics gives a Buy signal. MACD is placed in the positive territory even now. A Buy signal will be a good boost at this point.
Chart courtesy: Yahoo Finance