Always Chart Speaks a lot..
Sensex formed nice double top with -ve divergence on RSI & started its downmove.. It has already broken imp supp lvl arnd 31500, similar to nifty lvl of 9700 supp.. Now will sensex reverse & mark as false breakdown or nifty will follow sensex to break 9700 & head to 9500 lvls (Sensex 30750-800).. Interesting moves ahead... my bet is for nifty 9500 if 9800 not crossed & sustained soon.. lets c whats in store..!!
Happy & Safe profitable trading
Anand rathi
@anandrathi12
Sensex formed nice double top with -ve divergence on RSI & started its downmove.. It has already broken imp supp lvl arnd 31500, similar to nifty lvl of 9700 supp.. Now will sensex reverse & mark as false breakdown or nifty will follow sensex to break 9700 & head to 9500 lvls (Sensex 30750-800).. Interesting moves ahead... my bet is for nifty 9500 if 9800 not crossed & sustained soon.. lets c whats in store..!!
Happy & Safe profitable trading
Anand rathi
@anandrathi12