Nifty likely to retrace back to 11123 to 10950 Zone

Name: Nifty likely to retrace back to 11123 to 10950 Zone
Uploaded: 2019-04-12T02:18:55.066958
Channel: rahulundefined
Description: There is a divergence between nifty and bank nifty. Similar divergence appeared in nov 2010, at that time nifty retraced back to 38% to 50% zone of it previous trend. Similar behavior is likely is current situation.

Kort

Nifty 50 Index (NSE:NIFTY)

Uppdaterad

NSE:NIFTY Nifty 50 Index

Trend Analysis NIFTY rahulingle short BANKNIFTY retracements

trendanalysis nifty rahulingle short banknifty retracements

There is a divergence between nifty and bank nifty. Similar divergence appeared in nov 2010, at that time nifty retraced back to 38% to 50% zone of it previous trend. Similar behavior is likely is current situation.

Kommentera:

The divergence has played its part. Target is still the same 11123

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