Will NIFTY Reverse?
nifty is in crutial levelhttps://www.tradingview.com/x/yILAKI1w/
in daily chart it forms a hammer after a significantdown move with RSI at 40
in hourly chart it forms a morning star after few days down ward trend with rsi just above 40
all other sector such as nifty bank PSU Bank, metal , media were in down trend maximum sector ended either RSI close to 40 or bollenger band support with lower band. Nifty IT was in green
\All sector nifty ended close to RSI 40 +-or supports i lower band of bollenger band signifies up trend of NIFTY 50 will come soon i am bulish on nifty and waiting for real time confirmation
in daily chart it forms a hammer after a significantdown move with RSI at 40
in hourly chart it forms a morning star after few days down ward trend with rsi just above 40
all other sector such as nifty bank PSU Bank, metal , media were in down trend maximum sector ended either RSI close to 40 or bollenger band support with lower band. Nifty IT was in green
\All sector nifty ended close to RSI 40 +-or supports i lower band of bollenger band signifies up trend of NIFTY 50 will come soon i am bulish on nifty and waiting for real time confirmation
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