Sunday, May 10, 2009

Nifty 4hr chart - RSI developing +ve divergence.


EOD chart is showing negative divergences. But there are many supports down ward. RSI on 4 hour chart of nifty is developing some +ve divergences, which can provide some buoyancy on monday. ( Dow effect? )

Wednesday, May 6, 2009

Nifty may witness some profit booking soon.

Reliance - The Big Boss !