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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