RBI Meet is set to accelerate Banknifty and Nifty is heading towards all-time high.

Time: 6:30 am                                                   FII: +353c DII: -42c Nifty ·         I couldn’t’ write blog for the last 2 trading days as I was out of station and had no positions. ·         FII are in buy side after demonetization issue is diluted. ·         RSI is going up and ADX started going up

Continue Reading

Nifty has formed bearish divergence which is dangerous and budget only can save nifty from this pattern. Better to stay away in such scenarios.

Nifty has formed bearish divergence which is dangerous and budget only can save nifty from this pattern. Better to stay away in such scenarios.

Time: 8:15 am                                                   FII: -532c DII: +607c Nifty ·         FIIs are in sell side. ·         Nifty has formed bearish divergence pattern which is highly dangerous. ·         Budget only can save Nifty from this pattern. ·         IT sector will get affected by Trump Decision. ·         Pharma sector also will join now.

Continue Reading