Nifty 50 Trade Idea - Short Term Bearish Move
Nifty 50 looks like its bullish move is done, at least for the short term. The RSI and macd
seems to be weighing heavy for at least a short bearish move to the 100ma around 10466.
If you are already in, might be a good time to get out if price action drops below the 7ma.
Maybe wait for that bounce off the 100ma.
seems to be weighing heavy for at least a short bearish move to the 100ma around 10466.
If you are already in, might be a good time to get out if price action drops below the 7ma.
Maybe wait for that bounce off the 100ma.
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.
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.