TradingView
wrightresearch
Nov 26, 2021 6:39 PM

Overbought to oversold? Long

NSE:NIFTY1D
Nifty 50 IndexNSE

Description

⋅
Nifty has quickly gone from overbought to oversold, crossing 100 EMA and 50% Fibonacci retracement level from July levels. RSI has touched 0!
Unless the new virus situation really escalates over the weekend, the index is ripe for a rebound.
Trend AnalysisChart Patterns
More