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Nifty 50 Index
Short

Nifty May Show Correction on the starting of this Week.

55
As we know that Nifty 50 perform well in last days of previous expiry but, now Nifty 50 made a Broadening Bottom and Top in 15 min timeframe. If this is broken in down side then we have good opportunity to short Nifty 50 because as you can see RSI also show the downside divergence . But the overall trend is Long, so trade carefully. And the chart pattern which is made by Nifty 50 is also a 'Continuation Chart Pattern' so trade accordingly.
Mazhar_Ansari
Chart Patternsindianmarketnifty50Trend Analysis

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.
Chart Patternsindianmarketnifty50Trend Analysis
Mazhar_Ansari

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.