Akshay15

downtrend in banknifty

NSE_EOD:BANKNIFTY   NIFTY BANK
9 0 0
As per linear regression indicator it is evident that banknifty             is in uptrend & is in oversold levels
Aroon down is above aroon up indicating downtrend in banknifty            
MACD is also showing downtrend for now
But taking short position at this level seems little dangerous as main trend is up, one can go short but as soon as MACD & Aroon show sign of uptrend to takeover exit remember that trend is still up these are just corrections taking place
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out