RrichesVvanara

BEARISH MACD AND BULLISH PRICE ACTION

NSE:INDIGO   INTERGLOBE AVIATIO
BEARISH MACD. WHERE AS PRICE GOING HIGHER. PRICE TOOK SUPPORT AT OCT-2018 LOWS AND WENT UP. BUT MACD STILL MAKING NEW LOWER LOWS. WITH THIS WE WITNESSED SOME SELLING PRESSURE THIS WEEK. EXPECTING MORE SELLING PRESSURE. UNLESS MACD CROSSES ABOVE UPPER TL RESISTANCE.

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