vanathi

Mighty Nifty - Budget rally is still on!

Long
vanathi Mod Updated   
NSE:NIFTY   Nifty 50 Index
Nifty is showing its power from afternoon today. I posted "Mighty Nifty - Budget day special 2" as an example of bullish flag breakout. The rally continues. Nifty is buy with stoploss 8670 with targets 8740, 8765 and 8800.
Trade active: 8715 on 2/2/17
Trade closed manually: @ 8710 as bn not supporting nifty.
Comment: Why this analysis failed? RSI shows bearish divergence.

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