Tuesday, August 26, 2014

BankNifty Pre-Market View.

Divergences reveal underlying weakness of the last rise which is from 15458.
It asks you to be vigilant and when it breaks the 2-hour low, it accelerates the fall.
Divergences, generally, take the price to the point from where the divergences started. This is just a guiding factor.
During such a fall, if other technicals change, accept them and follow.

0 comments:

Post a Comment