Sachinsyd

$NIFTY at 150% Fib ext shld stop and turn down

Short
Sachinsyd Aggiornato   
NSE:NIFTY   Indice Nifty 50
$NIFTY at 150% Fib ext shld stop and turn down
Commento:
The gap under 9000 should be filled in coming months at least which also happens to be swing high of Sept 16. Below that is all imp 200DMAs which is rising gradually so the support is dynamic
Commento:
RSI looks like making a last hurrah and MACD is already turning negative
Commento:
GST going live on 1 July could make the market nervous ! Sell the fact theory comes in play so profit taking should happen over the course of next few months. Sell rallies as long as under ATH on closing basis

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