NIFTY forms Inverse Flag Pattern, it is a sign of bearish momentum. At first forms Head & Shoulders Pattern and then Inverse Flag Pattern, and now again forms the same Inverse Flag Pattern. And also as per Fibonacci Levels Target comes around 15720-750. Price breaks 20,50,100 SMA's.But 200 SMA not yet broken as it is @ 16230-250 levels. Also RSI Trending down
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.