nifty is trading choppy not giving a clear directional trade for some time now
last 3 candles suggests a final push towards 9272
BB for the first time since jan. is getting flat suggest range bound movement for some time to come
might see a squeeze between 9040 to 9272
before any big directional move
if the final push happens we are in for a triple top divergence
as long as nifty is inside this range better to avoid index and focus on stocks
because sector rotation is taking place in full swing
nifty is entering into a compression zone
last 3 candles suggests a final push towards 9272
BB for the first time since jan. is getting flat suggest range bound movement for some time to come
might see a squeeze between 9040 to 9272
before any big directional move
if the final push happens we are in for a triple top divergence
as long as nifty is inside this range better to avoid index and focus on stocks
because sector rotation is taking place in full swing
nifty is entering into a compression zone
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will nifty push towards higher end of the band???
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will nifty push towards higher end of the band???
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interesting times ahead for nifty
Bình luận:
interesting times ahead for nifty
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is it going to be a price or time correction in nifty????