Today upward moving trendline from 2556 got broken.for tommorow in case of a bounce this line is going to provide resistence .
One could see negative divergence on daily chart,first time after the up move stated from 2500 levels, also today market reacted to that negative divergence and nifty fell around 3% , does this mean we could see some deep correction long due now,only time will tell.
No comments:
Post a Comment