NIFTY SPOT chart study
Nifty spot cmp 18265
Bearish divergence on RSI
Double top formation, reversal confirmation still pending.
once manage to sustain below 18257 levels , sharp retracement can be seen towards levels of 18180 and below that if sustains than 18050,,
View negates once high is crossed and sustianed for 15 mins..
Conditional view , wait for levels of confirmation/
Bearish divergence on RSI
Double top formation, reversal confirmation still pending.
once manage to sustain below 18257 levels , sharp retracement can be seen towards levels of 18180 and below that if sustains than 18050,,
View negates once high is crossed and sustianed for 15 mins..
Conditional view , wait for levels of confirmation/
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