Avoid Fresh Short and try intraday longs in dips.
Resistance : 2850
Trend : Negative
RSI : 2.95 (Oversold)
Trin : 1.771 ( Bearish and oversold)
Related Readings and Observations
- Complete NSE EOD Database in Amibroker Format – Updated 31 Dec 2009 Download Complete EOD database for Amibroker for the starting of NSE upto 31st Dec 2009 Steps to Setup the EOD database 1) Download the database from the above […]
- Nifty Witness 3 Week Top formation Everything remains the same --- Reliance Lags Nifty --- Nifty Wintess 3 Week Top Formation in Weekly Charts --- Trin is above 1 --- FII's Remain Netsellers --- Dollar […]
- Mandatory Update for Nimbledatapro Realtime datafeed Users Globaldatafeed nimbledatapro Mandatory Update : A new version (1.5.3) for nimbleDataPro is released. Please note that this is a Mandatory Update. All previous versions will stop working on […]
- Understand the Basic Difference Between Liquidity and Volume Liquidity and Volume are the two different concepts widely misunderstood by the traders community. High Volume typically represents higher number of executed orders or high trading […]
- Crude Oil Prices: “Random”? Hardly. Last week’s shocking spike in crude oil prices is +12% and counting, the biggest one-week gain in five years. Media stories blame one culprit: the November 30 OPEC agreement to cut production.
- Nifty and Bank Nifty maintains the Buy Trend on 90 min charts Nifty and Bank Nifty maintains the Buy mode with nifty just testing the ichimoku cloud supports followed buy a bounce back. Also Nifty had closed above the 200 period moving average on the […]