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Market_beat3r

Time for Some Correction in Nifty?

Short
Nifty 50 Index (NSE:NIFTY)  
Market_beat3r Updated   
NSE:NIFTY   Nifty 50 Index
Chart Patterns Technical Indicators
1
0
chartpattern indicator
-Breaking out of a rising channel on the downside.
-Triple bearish divergence on Stochastic.
-Bearish divergence on MACD.
-Bearish cross on MACD.
-Bearish engulfing candlestick.

Not an investment advice. Do your own due diligence.
Comment:
Booking profits on the strong reversal and 2 bullish pin bars.
Comment:
Back in trade early morning today following a bear flag on 2hr chart.
Trade closed: target reached
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