NSE Nifty Daily Technical Analysis update
NSE Nifty Moving Averages - updated daily
This is an end of day chart of NSE Nifty moving averages updated on a daily basis with values as of previous trading day. The daily price movement of nifty is overlaid with 20 days and 50 days Weighted Moving Average (WMA).
How to interpret:
When the moving average of shorter term cuts the moving average of longer term from below, it indicates the start of a bull phase. Similarly when the shorter term moving average cuts the longer term moving average from above, it denotes the start of a bear phase.
This is an end of day chart of NSE Nifty moving averages updated on a daily basis with values as of previous trading day. The daily price movement of nifty is overlaid with 20 days and 50 days Weighted Moving Average (WMA).
How to interpret:
When the moving average of shorter term cuts the moving average of longer term from below, it indicates the start of a bull phase. Similarly when the shorter term moving average cuts the longer term moving average from above, it denotes the start of a bear phase.
Labels: market-outlook, nifty-forecast, nse-nifty, nse-nifty-daily-moving-averages, technical-analysis
posted by TrendCues.com @ 11:34 PM
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