Indice Nifty 50Long
Nifty seems to have made reversal pattern on DAILY
This is my analysis and I have right to be wrong :)
NIFTY seems to have made a reversal pattern like reverse HNS and it have validated it support on Friday the 13 Dec. RSI is at 60 with no divergence, seems Nifty could go up to test the gap and possibly take resistance there.
This seems very likey to me from what I have observed on charts.
NIFTY seems to have made a reversal pattern like reverse HNS and it have validated it support on Friday the 13 Dec. RSI is at 60 with no divergence, seems Nifty could go up to test the gap and possibly take resistance there.
This seems very likey to me from what I have observed on charts.
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