Below is the technical chart of Nifty, using Ichimoku Kinko Hyo indicator.

 

 



 

 

 

 

 

 

 

Last 2-3 days in Indian stock market were very volatile. Nifty down by over 2% on one day and another day up by about 2%. Looking at technical chart, Nifty closed below kijun-sen line, but next day, managed to close above it.  5586 remains the resistance on the above side. 

BTW, apart from looking at technical charts, do investors also check Nifty P/E ratio? Will write an article on that soon.

Nifty Technical Chart | 29-Feb-2012
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https://images.investmentkit.com/articles/wp-content/uploads/2011/11/nifty_update.jpghttps://images.investmentkit.com/articles/wp-content/uploads/2011/11/nifty_update-150x150.jpgAdminStock MarketAuto,Below,chart,Draft,Feb,Hyo,Ichimoku,indian stock market,indicator,investors,nbsp nbsp nbsp nbsp nbsp,resistance,technical chartsBelow is the technical chart of Nifty, using Ichimoku Kinko Hyo indicator.                   Last 2-3 days in Indian stock market were very volatile. Nifty down by over 2% on one day and another day up by about 2%. Looking at technical chart, Nifty closed below kijun-sen line, but next day, managed...Tutorials to Educate Investors
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