Massive gain in NIFTY as indicated by SMT. Now with bullish sentiment.

In my previous post I mentioned about a turn around in NIFTY was indicated by our Smart Money Tracker on Thursday 24th. On Friday 25th we saw exactly that happening when NIFTY closed 148 points or 1.87% above the Thursday's close making it highest one day upmove in last 9 months.

Below is the updated chart of NIFTY plotted against SMT and right now no anomaly or divergence between the two can be found, hence this bullish tone in the market is expected to continue in the coming week.

Further updates here

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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