I AM SHIFTING TO A NEW HOUSE AND DEALING WITH PERSONAL ISSUES SO UNABLE
TO UPDATE CHARTS ON TIME. HOPING TO FINISH THE SHIFTING PROCESS IN A WEEK OR TWO AND WILL COME BACK TO REGULAR CHARTING.
- Nifty Bulls are trying to protect the crucial 50 Day SMA.
- Daily chart with MACD is showing negative divergence but price is yet to show any weakness.
- Price yet to test the up trend line shown in chart 4. For bears price must break below the trend line, 50 day SMA and 7422 levels to confirm weakness.