Nifty 50 price chart & RSI showing divergence.The price is giving higher lows but RSI is in downword trajectory & showing lower highs & lower lows.The RSI is showing reduced momentum.May be indicating breakdown or downword move upto 15400.Be cautious.
Voltas has been bottomed out & making higher highs & higher lows.Stock's RSI is in upward trajectory.Stock strongly outperforming Nifty50.Best for swing.Participent of strong consumption sector
Jindal Steel & power strongly outperforming & in momentum.
Tata Power is at its 5years high level.Very probablity of breakout.Go long with 25% of capital now & above price 115 deploy remaining.
HUL is bottomed out & at breakout level.Time to go for long tread.Target should be above 2400.
Infosys is near to breakout level buy with 25% capital.If sustains above 1394 deploy remaining.
Nifty50 minor correction occured.Now trading in weekish Zone.Near Support should be 14277.If maintains above 14277 do long trade.Otherwise shortside.
Federal bank is in momentum.Relative strength is trading up.Overperforming to Nifty50.Target shall be 91.
