>>> Nifty Hourly Chart - Posted on Weekly Review <<<
>>> Click the chart to see on full screen <<<
Posted on Weekly Review - to watch channel middle line and RSI for game changer.
>>> Nifty Hourly Chart - Happened Today <<<
>>> Click the chart to see on full screen <<<
As expected RSI and Price broken down.
>>> Bank Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Price resisted @ the channel top - Suggest a caution sign. Must get confirmation from RSI for a valid correction. Since Bank Nifty - is the Mother of all index, A correction here is a caution for entire market.
>>> SBIN - Hourly Chart <<<
>>> Click the chart to see on full screen <<<
If this Raising wedge - breaks below the channel and RSI support it, Correction can be some what deep!!!. We are holding short and expecting the same. Cheers!!!
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