Friday, July 06, 2012

Nifty is nearing to the END of a short term up trend and may target around 5454,


queer: nop it is R1 of monthly pivot,and of course it is x.786 0f the last big fall.

I don’t see that it can go beyond this level with current technical set up.

Nifty is trading in a raising wedge and currently at the resistance of the wedge.

Now RSI is in oversold position & watch for a divergence in RSI




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Gann Date combination for Nifty from 7511 bottom on 24.march 2020

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