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Daily Trend is Strongly Bullish,Intraday Hourly shows mild bearish to mild bullish, in shorter timeframes.
The overall strength of the index had been positive, which is further strengthened by today uptrend.
Will add notes.
2 comments:
Hi Sri,
if time permits please addnotes here.
thanks.
mok
your charts are more expressive than words...
chikou span line is uptrending which means short term bullishness will continue..
bearishness in shorter time frame may be due to overbought conditions which is perfect in the sudden gap ups like witnessed yesterday.
Now the question is how weekly charts will be...turning up or into neutral zone...?
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