Trendz9

Nifty Continue Short

NSE:NIFTY   Nifty 50 Index
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

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