April 29, 2014

NIFTY Chart update

  • Bearish engulfing is not showing proper follow up both in price and volume. 20 Day SMA is also trying to act as support.
  • If price does not violate 20 SMA an up move is possible today.
  • Negative divergence will be of no use if price does not break 20 SMA
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1 comment:

  1. NIFTY TRADING TIPSApril 29, 2014 at 6:58 PM

    Its good to be here, very nice post, the content is amazing, keep posting friend it will be very helpful for everyone, Thanks for sharing. I really liked it.you can also read Check option

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