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padiyara
Mar 19, 2018 10:50 AM

Nity may go sub 10000 as mentioned earlier Short

Nifty 50 IndexNSE

Description

Nifty' is at support now, but the hourly chart doesnt show any kind of divergence.

Comment

Good Morning everyone :D
Comments
mgopesh
Why divergence is Not there/ Even on Hourly chart RSI is showing positive divergence. I dont know why u cant see it!!
mklives
US markets crack.. expect 10k below pretty soon :)
joel-vg
thanks for the chart , A general query , Dont you think within an ending diagonal in Hourly chart Divergence may be tough to be seen

Just posting a five minute chart , i may be wrong in my chart

PUDIXI86
@joel-vg, 5 min chart might not give a clear picture. Nifty is set to go below 10K in coming sessions.
joel-vg
@PUDIXI86,

Yes , I do agree lower time frame charts are prone for errors , Thanks for your view.
padiyara
@PUDIXI86, yah , sure, in lower time frame there could be some signal always.
Then we must understand that it can deliver a small thrust. same is the case for other signals like over sold etc.

To all my readers: Thank you for all you supports and comments. As i get time, I will come up with an individual replay.

Till then bye.
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