Tuesday, May 9, 2017

SELL IN MAY & STAY AWAY

Hi Friends,

Nifty has been in range of 9270-9370 for last 6-7 trading sessions. Nifty formed an Engulfing Bearish Candle with Negative RSI Divergence on Daily Chart after testing 9377. On next day Nifty formed Inside Day and gave a Doji close. All these are signs of Distribution and Market might be in Process of forming Medium Term Top.


For Detailed Analysis & Chart please visit below link:-

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Thanks & Regards,

Harsh Dixit.

1 comments:

Peehu Sharma said...

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