TICKS.INDIA – NSE MID CAP 50 at trendline supports

07.12.10 NIFTYMIDCAP50, INR, VIX, SENSEX

The beautiful NSE MID CAP 50 is at a key multi month trendline support. A break here will confirm negativity. The weekly RSI on INR and VIX non confirms takes support at 40 and points up. Sensex is also below key 20,000. The path of least resistance still points lower for Sensex and higher for INR and VIX.

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