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SumeshV

Bearish Tendency of NIFTY still exists

Nifty 50 Index (NSE:NIFTY)  
SumeshV  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Harmonic Patterns Technical Indicators chartanalysis supportandresitance rsidivergence
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trendanalysis harmonicpatterns indicator chartanalysis supportandresitance rsidivergence
Previously I mentioned that NIFTY will correct near 18270 area.

A correction happened today and a recovery also seen

But still the Bearish Tendency exists as one can see the RSI Bearish Divergence

The divergence can see from the chart.


Note: For Study purpose
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