- Nifty's daily bollinger band continue to contract.
- Up move may happen if nifty trades above 20 day sma (5257). Bulls will be weak below yesterday's low.
- Weekly chart is shown with 20 Week SMA. Weekly stochastic is turning down and if price starts to trade below 20 week SMA we may see a bigger down move. If 20 Week SMA is held we may see the opposite move as well so one should wait for the signal.
- NIFTY INTRADAY LIVE CHART
No comments:
Post a Comment