Wednesday, February 16, 2011

NIFTY NEXT- DJ Industrial Average EOD 15 Feb 2011 Technical Analysis

DJ Industrial Average ended with loss of -0.3% to the level of 12226.6 after hitting day’s High of 12267.70. It has formed a Black Candle on daily price chart. All Major Momentum Indicators are weak  ondaily  chart. W%R,MACD Spearman have shown weakness .RSI is in overbought Zone. We may see the  DJAI in  Down side @ 12040 in coming days.

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