Nifty Spot Bounce Back soon..... Careful

NSE:NIFTY   Nifty 50 Index
284 4 8
Nifty             Spot Maximum Down side 7962 Levels Bounce back from there.... RSI now at over sold position...may be some upside movement will coming view Nifty             bounce back till 8500 - 8550 should be possible. Buy Nifty             safe trading above 8268... Target @ 8500
Trade active: As i was told before Nifty Spot bounce back on 24th Nov 2016...Now today 28th High @ 8146.50 Low @ 8066.50...So Nifty Spot 200 MA value on daily chart was 8147 Nifty today Hit same level and come back..Nifty Spot coming days Cross 8148 next crucial level of 8180 if cross that level Next nifty resistance 8260 and then 8340 ....let see what will happen coming days
RSI- pretty rock bottom Sir.
Thanks Vijay, That will help. Hourly chart of Nifty and Banknifty suggesting divergence in RSI.
Very good @vijay73 ...I have similar view expecting 361 Extension for the first leg of down .

EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out