1. As on 03.3.2017, the long term moving averages stand as below: 50 DMA @ 8543, 100 DMA @ 8430, 200 DMA @ 8454. The NIFTY now trades above all the three averages, and the 100 DMA is now very close to a positive crossover above the 200 DMA.
2. A narrow range session both on daily as well as weekly timeframes, ended with a minor