Kshitij_008

Nifty - Movement - - 12 Jan 2020

Long
NSE:NIFTY   Nifty 50 Index
Hi

Seeing the movement of Nifty after 8th January, it seems nifty will make new highs in coming days...
Next resistances placed around 12360 - 12430-12500.
I still believe, Market may not fall before 12500 or thereabouts is done.
Supports are well placed around 12230/12175/12130/12090 as per FIBO
& as per Pivot monthly its around 12100.
So 12100 seems a decent bet to go long, in case it comes down.
MACD is highly positive
RSI is above 50
Comment: 12360 done...noe can we se 12430 or is it back to 12280??
lets see
Comment: done with 12430......& down super fast

Comments

WHAT IS THE SETTING FOR RSI
Reply
@thakreadm, 30-70
Reply
Kshitij_008 thakreadm
@thakreadm, rsi 14...all default
Reply
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