Channel breakout again. Hourly MACD crossover & positive divergence.
Looks like downside over for the time, and counter wave started. Ist target 7550-7600 range.
January 19, 2016
Nifty-Hourly - Channel breakout
Channel breakout again. Hourly MACD crossover & positive divergence.
Looks like downside over for the time, and counter wave started. Ist target 7550-7600 range.
January 15, 2016
Nifty - View
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 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 ....?
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