Nifty and Compton Greaves Views for 20 May
Nifty Hourly Chart
Nifty gave a Breakdown at much publicized 5471 levels and from past 2 days trading in a small range.
Yesterday was an Inside day,Inside day basically means when an Stocks is unable to break High and Low of Previous day.
Nifty was unable to break and was trading in a small range.
Nifty Daily
On Daily Charts Nifty has closed 3 days below the Trendline it broke and still unable to cross it making it clear the selling pressure we are facing on Higher levels.
RSI is oversold so we can get a …
Read the full story »
Nifty gave a Breakdown at much publicized 5471 levels and from past 2 days trading in a small range.
Yesterday was an Inside day,Inside day basically means when an Stocks is unable to break High and Low of Previous day.
Nifty was unable to break and was trading in a small range.
Nifty Daily
On Daily Charts Nifty has closed 3 days below the Trendline it broke and still unable to cross it making it clear the selling pressure we are facing on Higher levels.
RSI is oversold so we can get a …
Read the full story »
posted by Bramesh at
9:14 AM
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