Nifty Continue Short
As said ROC is showing divergence, todY nifty broke 3mths lo v uptrendine and regain it again. But ROC today had reached near zero today even though nifty recovered. When divergence analysis as uploaded 2 day before ,ROC was 1.64 and today evenghouvh nifty recovered ROR has gone below to 0.55. This means nifty is loosi g its strength and can come down to 18400 near 20 dema.
SL is 52 week high or double top @ 18890/19000
SL is 52 week high or double top @ 18890/19000
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.