High Noon: Bears accumulate gains

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Rajesh Desai

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Nov 21, 2013, 3:11:54 AM11/21/13
to LONGTERMINVESTORS, library-of-eq...@googlegroups.com, DAILY REPORTS, globalspeculators



 
High Noon
[For November 21, 2013]
 Summary of Contents
 
PUNTER'S CALL

Other technical observations On the hourly charts, the momentum indicator has turned negative and is trading below the zero line. The Nifty is trading below the 20-hourly simple moving average and the 40-hourly exponential moving average, ie 6156 and 6128 respectively, which are crucial levels in the immediate run. The market breadth is negative with 382 advances and 734 declines.

SMART CHART CALLS
 

MOMENTUM CALLS
 
Click here to read report: Highnoon

 
Regards,
The Sharekhan Research Team


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CA. Rajesh Desai
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