Nifty has not been able to cross the Pivot Highs even in a 30minute chart. The trend is down till it crosses and stays above 7620. Below is a Nifty future chart. Premium is Nil.
January 15, 2016
January 13, 2016
January 4, 2016
Nifty Channel breaks 7890 level
Looks like upward journey completed for the time being.
Let's see how far it retraces now ....?
December 30, 2015
Nifty Channel
Nifty in correction mode since morning. Hourly MACD showing negative divergence since last 2 days.
May break last pivot support at 7900, which it held yesterday. If breaks, then a change of trend......
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