Wednesday, 7 August 2013

Technical view by Nooresh

Technical view by Nooresh


Nifty – Oversold – Relative Strength Index back to 4500/4800/5500 bottom levels

Posted: 07 Aug 2013 02:08 AM PDT

    Nifty Technical View Its been a very surprising time period in terms of how quickly Nifty is shuttling from overbought to oversold. As of yesterday Nifty has touched oversold levels on RSI similar to previous bottoms. Although Nifty broke recent bottoms of 5580 there was not much of panic selling in index weights. […]

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