February 9, 2018

NIFTY intraday update

Despite bad global clues, NF is trading only 1.5% in negative and has not broken the low formed on 6-FEB.

The AD was 1:6 initially is now 1:2 - big improvement.

Here is the hourly chart.

And here is the 5 min chart clearly showing rangebound market. Holding above 10450 F intraday will be bullish (watch for traps though).

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