NEBULA Research & Developing Algo trading systems.
9th Jan 2019:
We can see the Nifty Rising Wedge, brink of breaking out the wedge, short term trend shows strength, but from Oct2018, level of 10,980 is showing negative divergence. So, 10,990 is crucial level for Nifty to breach above it. One can trade nifty for the target of 10,950 with exit level of 10,800 if it goes below.
9th Jan 2019:
We can see the Nifty Rising Wedge, brink of breaking out the wedge, short term trend shows strength, but from Oct2018, level of 10,980 is showing negative divergence. So, 10,990 is crucial level for Nifty to breach above it. One can trade nifty for the target of 10,950 with exit level of 10,800 if it goes below.




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