Hidden bearish divergence appeared. More selling on NIFTY to come.
The downtrend continued but with timid volumes. Yesterday 21st Dec NIFTY was in the positive territory almost throughout the day, in the...
NIFTY under accumulation. Relief rally expected
NIFTY fell consecutively for the 4th day but the price action and smart money movement suggesting accumulation taking place (circled...
We can expect short term bullish move in NIFTY now
On Friday 16th Dec, NIFTY was weak throughout the day and despite a gapped up opening it failed to sustain at higher level and closed 14...
NIFTY in equilibrium. Fresh signal awaited.
Yesterday 15th Dec the news of US FED rate hike created uncertainty in the market which resulted in volatile price movements throughout...
NIFTY eased off and choppy again
We don't have any fresh bearish signal coming of the smart money tracker (chart below). However, the rate hike by US Fed this morning may...