Nifty Weekly Technical Levels for Week 22 Nov
Equity benchmark indices crashed for the second consecutive week, led by a fall almost in all most all sectors wherein the NIFTY has lost more than 422 points (6.7%) in the last two weeks to settle below 5900 – another psychologically important level with the SENSEX
dropping by over 1419.5 points (6.76%).
Daily Chart
Technically, the trend, which is now down and will reverse above
Stochastic is currently moving in oversold zone, on the brink of entering into deep oversold territory indicating profit booking.
RSI is trading in neutral territory at 40 showing Positive divergence.
Nifty …
Read the full story »
dropping by over 1419.5 points (6.76%).
Daily Chart
Technically, the trend, which is now down and will reverse above
Stochastic is currently moving in oversold zone, on the brink of entering into deep oversold territory indicating profit booking.
RSI is trading in neutral territory at 40 showing Positive divergence.
Nifty …
Read the full story »
posted by Bramesh at
2:37 PM
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