Bearish Divergence sheen w.r.t. RSI and Nifty D, plus the candlestick pattern of Inv Hammer, with fibonnaci confluence of time zones, bearish trend in nifty until July 2nd week..
Double Top formed with -ve divergence, breach of +ve trendline may fall upto 400 levels
respecting the pitch fork support lines, (SBI) rallied with the bandwagon of select PSU's today, look out for +ve divergence in RSI and considering State Bank Of India is an idol among PSU's, expectations rise on technically +ve indicators. Waiting for second confirmations from Moving Averages until 13EMA is crossed up.
NSE:KELLTONTEC off lately trending sideways with low volumes but weekly patterns indicate revivals of old 150-160 levels, neytral to + ve buy with a SL of 100