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Tuesday 29 May 2018

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Sunday 6 May 2018

NIFTY - Daily Chart - Indecisive Week for further trend


NIFTY Daily Chart - 
CMP - 10618

Do not want to try any prediction. 

Both side target is pending. (11000 - 10300)

Last week shows negative bias but not given confirmation of end or start of new trend. Further few day will be important for analyse the trend till that time sideways action possibility.

Daily RSI below 60 and Weekly RSI turns below from 60 shows negativity if not reversed. 

If price move above 10800 then 11000 possible and if price moves below 10530 then 10300 is on the card. 

Hence watch on this levels 10800 & 10530, if anyone break first then trend is on that side. 

Till then RAM, RAM