Indice Nifty 50Short
Nifty: as it stands out now
Very Interesting:
in 30m chart, it seems this is the 4th time Nifty is testing 17125 level.
Typically it is told: the more price hits a level - the intensity of the level to provide support/resistance is reduced.
However can not see any divergence. Rather the price uplift to correct the yesterday's RSI +ve divergence is over. And price is negotiating 17125.
I am guessing Nifty may correct upto 17000-16975 (GZ in the Fib). Then lets see.
in 30m chart, it seems this is the 4th time Nifty is testing 17125 level.
Typically it is told: the more price hits a level - the intensity of the level to provide support/resistance is reduced.
However can not see any divergence. Rather the price uplift to correct the yesterday's RSI +ve divergence is over. And price is negotiating 17125.
I am guessing Nifty may correct upto 17000-16975 (GZ in the Fib). Then lets see.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.