adiholla999

Nifty - Crucial Levels

Short
NSE:NIFTY   Nifty 50 Index
Even though Nifty has started trading out of the wedge, RSI is still inside the range and there is a huge possibility that it reverses. Shrinkage in Day Candles size can be seen, which is suggesting that in the coming days there will be a huge move.

The P/E ratio (at 10760) is almost near to the P/E at Nifty Life High (12430).

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.