Nifty Analysis
Market closed 4907 after facing resistance at 4950.
Negative Inflation data and cloud of euro zone fear draged market down to low of 4874 leaving the
trend negative.
The chart shows divergence in MACD and ROC.
Any positive news will take the market with a good upside.
tomorrow market can open positive leaving it to flow negative again.
One can see a positive movement any time a indicated by MACD and ROC divergence.
Market will be sideways to down for tomorrow.
Market closed 4907 after facing resistance at 4950.
Negative Inflation data and cloud of euro zone fear draged market down to low of 4874 leaving the
trend negative.
The chart shows divergence in MACD and ROC.
Any positive news will take the market with a good upside.
tomorrow market can open positive leaving it to flow negative again.
One can see a positive movement any time a indicated by MACD and ROC divergence.
Market will be sideways to down for tomorrow.
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