Sunandamedi

NIFTY - HOURLY CHART OBSERVATIONS!!

NSE:NIFTY   Nifty 50 Index
HOURLY CHART SHOWS TRADING IS IN BETWEEN 11664 - 11800.

THE TRADING HOUR FROM 1:15 - 2:15, SAW SELLING AND THE SUPPORT LINE WAS BREACHED.

THE LAST TRADING HOUR RESULTED IN A "GRAVE STONE DOJI" IN THE CLOUD. IT GOT SUPPORT AT 11,704 LEVEL.

THERE IS A VERY THIN CLOUD INDICATING THAT IF IT BREACHES 11696, THE SENTIMENT BECOMES BEARISH .

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