Nifty need to sustain above 15740 for comfort of bulls.
RSI closed below an important support line that was supporting it since May IInd Week,
though the index managed to find support today.
Many a times RSI provides a early warning.
RSI below 62 will be a confirmation of weakness and by then index will also come below the support line. 15601 remains an important support.
Bias Neutral to weak.
though the index managed to find support today.
Many a times RSI provides a early warning.
RSI below 62 will be a confirmation of weakness and by then index will also come below the support line. 15601 remains an important support.
Bias Neutral to weak.
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