Hi All,
As per the earlier posts, I think supports areas of Budget days lows and 5650-40 mark will be very crucial to watch out for.....
After a steep decline after the Budget session it looks like Nifty has given a small breather, and has given a series of swing divergence on hourly charts..... Moreover it has just given a single candle Divergence as well.....
I reiterate that the supports near 5670-5650 will be very crucial for bulls, below which the gates for 5550 would be wide open.
On the higher side 5710-5740-5770-5800.... will act as the hurdles on the higher side......
Cheers
Hrishi
As per the earlier posts, I think supports areas of Budget days lows and 5650-40 mark will be very crucial to watch out for.....
After a steep decline after the Budget session it looks like Nifty has given a small breather, and has given a series of swing divergence on hourly charts..... Moreover it has just given a single candle Divergence as well.....
I reiterate that the supports near 5670-5650 will be very crucial for bulls, below which the gates for 5550 would be wide open.
On the higher side 5710-5740-5770-5800.... will act as the hurdles on the higher side......
Cheers
Hrishi
No comments:
Post a Comment