January 27, 2017

NIFTY Intraday update

  • Strong move is what's happening as shown in the smallest time frame. The 5 Minutes cloud going strong. Cloud base now is around 8600. So weakness for this setup only below 8600 levels.
  • Hour gave a bearish candle after many bullish one's. Here too intraday Weakness or doubts only if price starts to stay below 8643 and 8638 levels.  
  • Price for now is pausing at the earlier mentioned resistance zone of 8674. More strength only on closing above this zone.

No comments:

Post a Comment