Nifty Technical Chart | 01-Mar-2012

Below is the technical chart of Nifty, using Doda-Donchian and Ichimoku indicator.










Nifty is trading below Doda-Donchian line. So, it's a clear sell signal. It will get support on kumo around 5331. But fresh long positions should be taken only closing above 5473.

Will take short position only when it closes below kumo.

Nifty Technical Chart | 01-Mar-2012
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