Nifty 50 IndexEducation
Nifty
Bulls charged. Trading Gap of 2.10.18 has been filled above 200 DMA with a Gap up. A Negative Divergence is forming. It has to triggered. Hourly chart -- during last three hours of trading price hit the same upper level and thus Tweezer Top is formed on candlesticks. This may indicate that a consolidation will come by.
The distance of 11751 to 10010 has been retraced by 50% today. Nifty may have ability to rise upto 11175 -- the previous top of 29.1.18 provided bulls are able to hold above 200 DMA.
The distance of 11751 to 10010 has been retraced by 50% today. Nifty may have ability to rise upto 11175 -- the previous top of 29.1.18 provided bulls are able to hold above 200 DMA.
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