Bullish divergence continues - upmove soon?

4th November 2016

Yesterday on 3rd November we saw the downmove continued in Indian markets with NIFTY falling another 29 points closing to 8484. However, the updated chart below showing the smart money tracker (SMT) is still maintaining its bullish bias by confirming the divergence (pointed with black lines).

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Tags: hidden divergence, custom indicator, divergence, proprietary trading, futures, trading, smart money tracker, smart money, nifty, indian stock market, forecasting, regular divergence, derivatives, finance, prediction, options, market analysis

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