Sumit Verma Profile picture
Trader. Analyst. Studying markets since 2008. Intermarket and Sentiment analysis. Trend follower. Exploring quants. Problem solver. Food lover. Movie buddy.

Dec 3, 2019, 5 tweets

Negative divergence observed in Breadth oscillator #NIFTY

Implication: Potential Short term correction possible from here on to the tune of 3-5%

Anticipated correction has started. Even there is reversal in Step & Ladder chart. #Nifty

Now the divergence is more evident.. #Largecap vs #Smallcap

Smallcap250 closed below 50 SMA today... Lower Low in all three indices

Fresh reversal in Market Breadth indicator.. momentum breakout awaited.. #NIFTY

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