Apr 18, 2010

WEEKLY MARKET REPORT FOR TRADERS AND INVESTORS

SENSEX-Index was making new high but relative strength (RSI) was not making new high on weekly charts so this is Negative divergence and this could be first sign of reversal.Support @ 17400/17000, and Resistance @ 18000/18200 CNX IT-After the results of Infosys this index is also rising and touching new high but again relative strength index (RSI) was not making new high on weekly charts so this is negative divergences and this could be first sign...