Selling in Nifty & Bank Nifty The Two Major Indices are expected to have a substantial bearish breakdown as the RSI indicator shows Index making lower Highs, However the Price making Higher highs indicating bearish divergence. NIFTY 50 is expected to move lower once it breaks the trendlines. WE EXPECT THE BEARS TO GET STRONGER ONCE THE INDEX MOVES BELOW 11,550.
i feel that bank nifty must remain range bound and should stay between 24800 to 25100
the moment it closes below 24800 a sharp fall can be seen immediately !!!!!!!!!!!!
