Market today moved sideways and end closing 16 point plus.
market made a high of 5140 and was resisting to go above that level.
Short term positive trend will be seen only if market closes above 5150.
Tomorrow nifty can touch the level of 5090.
MACD and ROC are showing divergence on hourly chart and consolidation can be seen in the market.
ROC on daily basis have crossed line downside which indicate downside as well.
market made a high of 5140 and was resisting to go above that level.
Short term positive trend will be seen only if market closes above 5150.
Tomorrow nifty can touch the level of 5090.
MACD and ROC are showing divergence on hourly chart and consolidation can be seen in the market.
ROC on daily basis have crossed line downside which indicate downside as well.

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