A retest of 50 DMA can be repeated, while more down side is expected as the
indicators are leading bearish. 20 & 50 DMA shows convergence. Resistance at
4750. Targets 4650 _ 4616 & 4584. #NIFTY long term ( for coming weeks only)
we may see #MARKET near 4100s, of course with a bounce somewhere in the
middle. These charts are not to be considered as predictions but only for
awareness. [image:
NIFTY_91101]<http://www.flickr.com/photos/padiyaraa/4068108955/>
[image:
nifty_long] <http://www.flickr.com/photos/padiyaraa/4068108969/>

[image: logo2]
*  padiyara <http://padiyaraa.blogspot.com/>
<http://padiyaraa.blogspot.com/>*

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