Science backed by Data[Nifty]: 10167 is the near term target

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Good Evening Friends,
Nifty is showing negative divergence on Charts on closing basis. For this little uptrend to be intact we should test 10167 in coming session. If we break below this level we may test 10048.
But should we break below 9929, this will nullify this little uptrend completely and we will head towards 9954.
Tomorrow Gap down is expected and 1st target on immediate basis should be bought into with SL of 25 points i.e. 10150.
Pls support with likes on the idea.
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Immediate Target for Nifty is 10220 +-10. If it breaks that support it will achieve our first target of 10167
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Our other idea bandhanbank achieved first target, handsome profits. Check related ideas for more details.
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Immediate Target 10220 realized and moved up.
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Nifty looks like we will have a Gap up opening tomorrow targeting 10415/10553
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Snapshot
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Nifty looks set to open near 10383
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Nifty closer to 1st resistance 10400-10415.
bearishdivbearishdivergenceChart PatternsFibonacciTechnical IndicatorsNIFTYnifty50niftyshortTrend Analysis

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