- 4 Hour continues to break lower.
- 15 Minutes chart shows a trending move below the cloud. Strength of the move will stay intact till price stay below 15 Minutes cloud.
July 25, 2016
- Month chart shows price at crucial resistance zone.
- Daily chart is shown with the negative divergence. Negative divergence during this up move has not been that effective. corrections for negative divergence has been shallow and not trend changing.
- Last chart shows daily chart with immediate support zone. Price if starts to trade below 23.6% Fib level will strengthen BN bears again.
- NIFTY Weekend update