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vikramsthakkar

Nifty(10044): Price approach Support, #HiddenDivergence

Long
Nifty 50 Index (NSE:NIFTY)  
vikramsthakkar  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Technical Indicators
5
0
trendanalysis chartpattern indicator
Going forward till 10120-10150 is not crossed expect downside till 10000-9950 zones where support zone exits
With 61.8% retracement of 9687 to 10490 @ 9990 & DZ 9950-10000, also hidden divergence visible i.e higher low in nifty and lower low in RSI, if 9950-9990 holds expect bounce upto 10150-10180

Above 10180 short covering up to 10240-10280 will be seen
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