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.
AIRTEL LOOKS WEAK TECHNICALLY AS
1) HAD A GAP DOWN FROM HIGH
2) TRIED AND FAILED TO FILL THE GAP
3) TESTING 505 LEVELS MANY A TIMES
4) THUS A SIMPLE SELL SIGNAL FOR 20 -50 POINTS
ABOVE ARE NOT RECOMMENDATION
BUT THE WAY I TAKE TRADES