Friday, 12 June 2015

Free Equity Trading Tips for The Indian Market

Bearish patterns on India's NSE index increasing probabilities of declines till 7,200 level.Bearish head-and-shoulder and cross of 50 DMA from above of 200 DMA worries investors.

The 50-share index broke its psychologically important 8,000 level on Thursday for the first time since Oct.21.FIIs remain sellers amid worries a likely weak monsoon may delay key reforms and further rate cuts.The broader index is down nearly 13 percent from its record high hit in March.

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