Nifty Hourly Chart: Super Market Angles

Nifty Hourly Chart Trend...

Small spurs do not define the real trend; in reality, THEY don’t have any meaning to the real or true trend. They are just the other way of taking advantage of real market makers.

nifty hourly chart

Nifty Hourly Chart

The trend on 1 hr is down from Monday itself, in between we witness small spurs (small upsides), but they don’t define the actual trend, or that doesn’t mean trend has to get change (for real market makers).

Any break & close above the angle line will the first sign of upcoming relief rally from here, else from here; we can see lower levels. Critical support for tomorrow will be 10070 & 9990.

Note: Above mention Price projection & other Information are for educational purpose only.

Posted by Divesh
October 25, 2018