RSI Edge Analysis – Nifty
Nifty – The index is closing in green zone from last few session. It is expected to move to 10584 and to 10645 in coming sessions.
These are two levels to watch. If the index faces resistance at these levels, it is expected to come down to 10405 and 10287 levels. As long as 10287 is intact, the bulls will be on. A move below 10287 will be an indication of trend correction.
Bharat Jhunjhunwala MFTA, CMT, CFTe, MSTA