Friday 21 July 2017

Dark Cloud cover!!!

Hi All,

Markets are likely to open on a flat note tracking global markets, SGX Nifty is trading @ 9904 (+8 Points)

Nifty on hourly charts took resistance of Super Trend @ 9916 and closed @ 9870. Also on daily chart its gave a bearish candlestick pattern – Dark Cloud cover with RSI Candle divergence and a break below 9860 – 9850 will be negative for markets.

Bias will be wait and watch.

Areas to watch out
Supports @ 9850 - 9830 – 9800 - 9770 – 9700 – 9640 - 9580

Resistance @ 9900 - 9930 - 9950

Regards,
Mayur Shah.
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2 comments:

  1. Sonal Jain7/28/2017 4:25 pm

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  2. Sonal Jain5/16/2018 12:04 pm

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