Nifty and Bank Nifty Weekly Technicals

Nifty daily charts shows the strength Nifty shows after crossing 5550 and marching ahead of 5600 to most of people surprise.
But if one looks at Daily Chart 2 things can be figured out

• DOJI formed on Last trading sessions indicating trend reversal can happen.
  Negative Divergence by RSI

But there is lot of Liquidity present on sidelines and dips can be bought into.
Nifty Weekly Chart
On Weekly Chart Technically trend is up, could test its next major resistances around 5680 and if Nifty crosses this level, it can go …
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