Get started
S2Y3

NIfty50 Anylisis For 29 Dec

Short
Nifty 50 Index (NSE:NIFTY)  
S2Y3  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Technical Indicators
1
0
trendanalysis chartpattern indicator
In the chart, you can see there is a RIS Divergence marked by trendlines also Nifty has tested and rejected the 100EMA
This signals Downtrend
Moreover, there is a hammer candlestick which conforms Strong Down move
After Breaking the 50EMA there could be a move till 18,000
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.