Nifty 50 IndexShort
Nifty 14350 is important for intermediary uptrend.
ADX still rising with declining DI+ and rising DI-, visible weakness.
RSI declined, is below 9 EMA now, this also indicates weakness.
14410, 14350, 14255 are the supports now.
today's engulfing candle, gave a low and closing at week's lowest level.
14480 and 14580 are resistance levels.
RSI declined, is below 9 EMA now, this also indicates weakness.
14410, 14350, 14255 are the supports now.
today's engulfing candle, gave a low and closing at week's lowest level.
14480 and 14580 are resistance levels.
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