Nifty 50 IndexShort
the Index is at resistance
S&P - there is an early sign of reversal.
Trendline- break of the trendline is an early indication of a change in trend.
Fib Analysis- we know the Index is at a strong resistance. Hence this rally is an opportunity to sell.
RSI - ve divergence is indicating reversal.
MA- on the 15 min chart the three MA will merge , hence we know its at a crucial zone.
S1 20480 S2 20750
Trendline- break of the trendline is an early indication of a change in trend.
Fib Analysis- we know the Index is at a strong resistance. Hence this rally is an opportunity to sell.
RSI - ve divergence is indicating reversal.
MA- on the 15 min chart the three MA will merge , hence we know its at a crucial zone.
S1 20480 S2 20750
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.