Showing posts with label Supply Zone. Show all posts
Showing posts with label Supply Zone. Show all posts

Thursday, September 28, 2017

Nifty Chart



close above 9742 or
holds 9652 is must for BULLS

new low at 9652 issue hidden divergence with OBZ
Index is extremely oversold & hence a small dead-cat bounce cannot be ruled out. 
Any bounce back is for Exit longs till further confirmation to enter long

Close above 9827 will issue good move upto 9979
then  also Bears will take charge again

Close below 9650 will lead upto 9550-9480, MAX 9440 zone 
Then Complete reversal for new high 

Monday, June 27, 2016