July 26, 2015


  • Nifty shows weakness at the Golden ratio. Negative divergence is there with price and RSI. Having said that price has to fall below 20 Day SMA and 23.6% Fib level for bigger correction to happen. 



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My Favourite Quote

"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis."
—Jesse Livermore