Nifty - At crucial resistance

NSE_EOD:NIFTY   Nifty 50 Index
Nifty             rallied to 8,200 on the back of surprise repo rate cut of 50bps by RBI. The rise from ~7,700 ro             ~8,200 in 5 trading days seems tiring around 200DEMA (Daily Exponential Moving Average ) which is at 8,184. Also the bearish AB=CD harmonic reversal pattern is visible on charts at the upper line of Andrew's Pitchfork tool. The failure to move above 8,270 can take index back to 7,900-7,800 levels.
Glad to hear that. Any time frame when these downward levels will be reached?
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out