Nifty,Glenmark Pharma and VOLTAMP TRANSFORMER levels
Nifty Hourly Chart
As seen from Hourly Chart Nifty was unable to cross 5600 which is the swing high before the previous fall. Negative Divergence was observed in RSI but we would require a price confirmation of the same.
Nifty was able to cross over 5565 the Fibo resistance which is a booster to Bulls now as Dow is already down -217 so we will have negative cues tomorrow morning as this dip should be bought into with sl of 5536 for positional trades
Intra Day levels
Buy above 5568 Tgt 5582,5606,5637
Sell below 5559 …
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As seen from Hourly Chart Nifty was unable to cross 5600 which is the swing high before the previous fall. Negative Divergence was observed in RSI but we would require a price confirmation of the same.
Nifty was able to cross over 5565 the Fibo resistance which is a booster to Bulls now as Dow is already down -217 so we will have negative cues tomorrow morning as this dip should be bought into with sl of 5536 for positional trades
Intra Day levels
Buy above 5568 Tgt 5582,5606,5637
Sell below 5559 …
posted by Bramesh at
7:33 AM
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