Nity may go sub 10000 as mentioned earlier

NSE:NIFTY   Nifty 50 Index
Nifty' is at support now, but the hourly chart doesnt show any kind of divergence.
Comment: Good Morning everyone :D


Why divergence is Not there/ Even on Hourly chart RSI is showing positive divergence. I dont know why u cant see it!!
US markets crack.. expect 10k below pretty soon :)
thanks for the chart , A general query , Dont you think within an ending diagonal in Hourly chart Divergence may be tough to be seen

Just posting a five minute chart , i may be wrong in my chart

PUDIXI86 joel-vg
@joel-vg, 5 min chart might not give a clear picture. Nifty is set to go below 10K in coming sessions.
joel-vg PUDIXI86

Yes , I do agree lower time frame charts are prone for errors , Thanks for your view.
padiyara PUDIXI86
@PUDIXI86, yah , sure, in lower time frame there could be some signal always.
Then we must understand that it can deliver a small thrust. same is the case for other signals like over sold etc.

To all my readers: Thank you for all you supports and comments. As i get time, I will come up with an individual replay.

Till then bye.
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