Bearish divergence may pull down NIFTY today
On 27th Mar, Tuesday, the broader Indian market represented by the Index NIFTY50 opened with a gap up but failed to sustain the momentum....
Indian market may break out of the range to downside and find support at 9000
The benchmark index NIFTY 50 is now trading within a narrow range since 9 previous sessions. It is obvious that a break out from this...
NIFTY may take a U-turn. Fresh buying here would not be wise.
If you carefully look at the two daily charts of NIFTY below you will spot something interesting. As anyone would agree VOLUME is a key...
NIFTY bounceback could be temporary. Hidden divergence spotted.
Yesterday 23rd Jan NIFTY sharply recovered the loss experienced on the Friday of previous week and closed 42 points up at 8391. However...
Long awaited correction happened. NIFTY weakness to remain.
As forecasted yesterday, the bearish divergence spotted between NIFTY and SMT caused hammering with high volume and we gained a nice 85...