BANK NIFTY hidden divergence.
1) Stochistic is in over sold condition and cross over there.
2) Divergence found between price and oscillator.
3)when price makes higher high and oscillator makes lower low powerful hidden divergence takes place.
4)Trend reversal expected tomorrow.
5) Stop loss should be if hourly candle close below the lower trend line exit the long position(trend line connection two higher low in the chart)
6)Bank nifty has exactly corrected 61.8 percent of the recent rally,
2) Divergence found between price and oscillator.
3)when price makes higher high and oscillator makes lower low powerful hidden divergence takes place.
4)Trend reversal expected tomorrow.
5) Stop loss should be if hourly candle close below the lower trend line exit the long position(trend line connection two higher low in the chart)
6)Bank nifty has exactly corrected 61.8 percent of the recent rally,
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