RMA 1 HR 10 Apr update
Today's formation is cautious as hourly RMA came down with 4 HR RMA not able to cross above major RMA.
Hourly breakout should not fail in 1-2 days which would indicate that Nifty can in sideways move.
Nifty future closed lower while index was flat for day.
Support is at 6790-80 range. Watch for 6840 levels for spot.
Today's formation is cautious as hourly RMA came down with 4 HR RMA not able to cross above major RMA.
Hourly breakout should not fail in 1-2 days which would indicate that Nifty can in sideways move.
Nifty future closed lower while index was flat for day.
Support is at 6790-80 range. Watch for 6840 levels for spot.
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