Sayan_

Nifty May reverse !!

NSE:NIFTY   Nifty 50 Index
Nifty is super bullish....
but it seems a RSI divergence...its not good idea to short nifty ..
if nifty break 15600 then we see small correction or consolidation ...
above 15750 we can see another up move.....

Comments

why its not good idea to short nifty on very short time frame.. when it gives breakdown ? though I agree the big trend is super bullish and we should go long from the level of 15460, btw agree with ur idea, my analysis also same.. and also forming h&s on lower time frame.
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Sayan_ light_kumar
@light_kumar, you can short nifty in intraday....and it is always good idea to go with big trend....
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@Sayan_, agree with u
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