Indice Nifty 50Long
NIfty at important level and today's closing holds the key
Nifty chart is saying a lot today
1. Bounce from weekly demand area
2. W pattern on daily activated 378 points depth
3. Price is above 21 DEMA which can provide support and price has to close above it
4. change in structure HL is confirmed
5. RSI is also supporting with strength and shows no bearish divergence in upmove
1. Bounce from weekly demand area
2. W pattern on daily activated 378 points depth
3. Price is above 21 DEMA which can provide support and price has to close above it
4. change in structure HL is confirmed
5. RSI is also supporting with strength and shows no bearish divergence in upmove
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