Sunday, 14 May 2017

Nifty Analysis 14-May-2017

20-May-2017


CMP: 9427
Res: 9534/55
Sup: 9272/9075

As long as Nifty supported by 9272 and a break of 9534, we can see 9625 n further 9889.

But in Daily n H4 charts, we could see lot of negative divergences. Need to watch. Is the move completed for bigger correction or yet to go?

Levels to Watch: 9272/9534


16-May-2017

Nearing Top. No change in view, can fall at any time.

15-May-2017


14-May-2017

Based on  GCI MT4 data.
Are we ready for bigger correction in Nifty?

Could see negative divergences in 4 hour chart again and again.

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