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CNX NIFTY SPOT 5,770.90 -86.65 -1.48 %
The Nifty Futures cracked because of volume divergence shown yesterday .I also said the whole rally is suspect to me.Also see on yesterday’s 15 mins chart, I did not give the Neckline of the Shoulder Head Shoulder pattern as a bearish trigger but I gave the level as 5815.Today the market opened below 5815.There is no magic or information or secret involved here but pure technicals at work.
On 15 minutes chart, Watch the rectangle boundaries 5780 on the upside and 5755 on the downside. A break will give around 20 -25 point move at the minimum.
On daily Charts pattern has started to emerge as I had been saying since last so many days.
NIFTY FUTURES 15 minutes
NIFTY FUTURES DAILY
CNX NIFTY SPOT 5,770.90 -86.65 -1.48 %
The Nifty Futures cracked because of volume divergence shown yesterday .I also said the whole rally is suspect to me.Also see on yesterday’s 15 mins chart, I did not give the Neckline of the Shoulder Head Shoulder pattern as a bearish trigger but I gave the level as 5815.Today the market opened below 5815.There is no magic or information or secret involved here but pure technicals at work.
On 15 minutes chart, Watch the rectangle boundaries 5780 on the upside and 5755 on the downside. A break will give around 20 -25 point move at the minimum.
On daily Charts pattern has started to emerge as I had been saying since last so many days.
NIFTY FUTURES 15 minutes
NIFTY FUTURES DAILY