Nifty .. Looking weak
From a pure technical perspective NSE looks weak.
> Potential H&S forming
> Range bound price moving along EMA 12 and 26
> Stochastic, RSI and MACD are moving toward bear category
> Weekly support at 10,600 followed the MA100 support at 10450
Fundamentally, there is uncertainty in the market due to Elections in May. Below 10K it will enter the bear category
> Potential H&S forming
> Range bound price moving along EMA 12 and 26
> Stochastic, RSI and MACD are moving toward bear category
> Weekly support at 10,600 followed the MA100 support at 10450
Fundamentally, there is uncertainty in the market due to Elections in May. Below 10K it will enter the bear category
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