Nifty Chart
Previous analysis issued for the target 7222
[actual low 7241]
Now actual negative breakout line with lower tops
coincide at the point 7321-7333
Expected bounce back only above 7350 on closing basis
with short covering
Cluster of resistance
7299-7319-7387-7410-7475-7505-7565
Highly OSZ issue some panic selling.
+ve divergence in RSI halt with sideways
and -ve bias.
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[actual low 7241]
Now actual negative breakout line with lower tops
coincide at the point 7321-7333
Expected bounce back only above 7350 on closing basis
with short covering
Cluster of resistance
7299-7319-7387-7410-7475-7505-7565
Highly OSZ issue some panic selling.
+ve divergence in RSI halt with sideways
and -ve bias.
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