amritamashar
Short

Nifty Correction Expected

NSE:NIFTY   NIFTY 50
99 1 2
Nifty             has formed head and shoulder pattern and it is expected to fall towards 7500 in coming days. Prices also face strong resistance above 7990 which was fibonacci retracement level. Break out towards downside likely to drag prices to lower levels.
amritamashar
8 months ago
Technical Indicator RSI is trading below 55 which confirms downside trend where as MACD is also give negative cross over few days back... One can enter into selling side with stop loss of 8000 for target of 7500 at current rate.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
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 Billing Sign Out