December 27, 2012
- IWM Daily chart shows price near 20 Day SMA.
- Weekly chart too shows support at 20 Week SMA which is at 82.26 level.
- Last chart shows price trying to stay above weekly falling resistance line. For bears price should fall back into the pattern and below 20 Week SMA for a bigger correction.
- RIMM CHART UPDATE
- Daily chart of nifty shows price still inside the range
- Weekly chart with price and histogram shows clear negative divergence. Price is yet to give correction for this negative divergence.
- Month chart is pausing at the upper bollinger band.
- BANK NIFTY LIVE CHART- 5 MINUTES TIME FRAME