Nifty makes a Higher High
Auto Sector, a Lower High
Energy Sector makes series of Lower Highs
FMCG underperforms since August 2013 and makes a lower high
Realty Sector makes lower highs
Bank Nifty makes a Lower High too !
IT, the new "Defensive" Supports Nifty's Upmove with a minor Higher High
Defensive Sector Pharma remains Robust
Volatility Index shows "Low Fear" which means too much complacency !
With the longer term firmly up a "Buying Oppurtunity" may be close.
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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com
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