NIFTY CLOSING 18634.55.
REVERSAL REASON.
1 --> Price creates a cup and needs to break also there is a selling zone.
2 --> Price is also create a #Bearish Englufing pattern.
3 --> Below the #low #price of today then pattern activates.
4 --> If come down then the first #target is 18370 and if breaks then comes to 18500.
5 --> #RSI shows the bearish divergence and the current is 64.16.
REVERSAL REASON.
1 --> Price creates a cup and needs to break also there is a selling zone.
2 --> Price is also create a #Bearish Englufing pattern.
3 --> Below the #low #price of today then pattern activates.
4 --> If come down then the first #target is 18370 and if breaks then comes to 18500.
5 --> #RSI shows the bearish divergence and the current is 64.16.