Nifty 8778. is probably making a lower high,
trading in a side way market for the last
2 weeks, making 2 spinning top on weekly chart.
Today's closing above 8796 is doubtful.
above 8796 can go 8820
Only trade above 8822 for a higher target 8860_9000
below 8780 target 8710. and we can correct more.
(This was a previous note too)
trading in a side way market for the last
2 weeks, making 2 spinning top on weekly chart.
Today's closing above 8796 is doubtful.
above 8796 can go 8820
Only trade above 8822 for a higher target 8860_9000
below 8780 target 8710. and we can correct more.
(This was a previous note too)
Comment:
Nifty crossed the lekshmanrekha
Comment:
so it is happening the other way, making a higher high and coming down
Comment:
A deadly cross