Tuesday, April 19

Nifty Weekly Technical Levels

Nifty Hourly Chart
Nifty Hourly chart are in oversold zone with the correction which was witnesses in last 2 trading sessions. On Hourly we are moving in  a trendline channel with upper range of 5944 and lower range 5650 in immediate short term.
RSI and SLow Stochastic are in Oversold zone but I keep on telling Indicators can remain overbought and oversold for a long period of time.
Nifty Daily Chart
Nifty Daily Charts are into 2 parallel channel as shown in the chart.Yesterday close threatened the move below 200 DMA where if we …
Read the full story »

0 Comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Subscribe to Post Comments [Atom]

<< Home