Nifty 50 IndexShort
Nifty50- More pain ahead. After Rate cut heading to 22K
Nifty50: More pain ahead. After the rate cut, the index is heading towards 22K level.
22K acts as an important level which coincides with a multi-year trendline and a 0.38 fibo retracement. In order to reverse sustainably, the weekly RSI must go below 30 and reverse itself.
22K acts as an important level which coincides with a multi-year trendline and a 0.38 fibo retracement. In order to reverse sustainably, the weekly RSI must go below 30 and reverse itself.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.