RSI EDGE ANALYSIS FOR NIFTY THIS WEEK.
Weekly target of Nifty is intact at 9700 – 9600 levels. The daily Nifty charts have a doji formation, it needs further confirmation to substantiate a trend direction. Also minor RSI Cycles bottoms between March last week & April first week. All these indicates a minor pullback up, while major trend down. For more details follow us on twitter – @bharatj82
Bharat Jhunjhunwala MFTA, CMT, CFTe, MSTA