Nifty lossing strength at 16600.
RSI bearish diveriosn on Hourly chart.
Gap filling is pending at 16100.
Watch for further weakness in order to short nifty at approriate level for target 16080.
Note:
Broken a major trend line today. If start travelling below trendlineline then look for shorting nifty.
RSI bearish diveriosn on Hourly chart.
Gap filling is pending at 16100.
Watch for further weakness in order to short nifty at approriate level for target 16080.
Note:
Broken a major trend line today. If start travelling below trendlineline then look for shorting nifty.