Wednesday, March 28, 2012

NIFTY Trend Charts

Posting two separate  NIFTY EOD trend charts:

Chart1 shows that longer term - the up-trend is still intact  in the larger picture- whereas Chart2 shows that on a shorter term basis - the markets are in a sideways phase - neither up nor down.

NIFTY EOD Compressed Trend(Long Term)
NIFTY EOD Compressed Trend(Short Term)

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