January 30, 2017

NIFTY Morning update

  • Nifty month closing above or near November month candle high's will keep the bullishness intact. This can also complete a possible morning start pattern Although this is not the appropriate place for the pattern It shows further bullish possibility.
  • But one warning for Bulls is the Overbought RSI in daily time frame. So further bullish bet from here would be risky one.
  • ICICI Bank Price Volume increase before quarterly results.

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