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akshay1808

Renko, Supertrend & Aroon all given bearish signal

Short
Nifty 50 Index (NSE:NIFTY)  
akshay1808 Updated   
NSE:NIFTY   Nifty 50 Index
Chart Patterns Trend Analysis Technical Indicators NIFTY renkobars supertrend Aroon
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chartpattern trendanalysis indicator nifty renkobars supertrend aroon
NIFTY seams to be in bearish phase on Renko hourly charts. 3-4 indicators suggesting a bearish trend.
1. Renko hourly charts changing direction & colour.
2. Supertrend bearish Signal
3. Renko bearish indicator crossing up the bullish one.
4. EMA10 crossing above Renko bars.

Take a sell postion till the trend changes. I will update about trend change.
Trade active:
Kindly maintain your sell position
Trade active:
Patience is paying well. Nifty reversed and falling further
Trade closed manually:
Closing position at 10174....gained almost 190 points (1.9%)....Seems 10170 is strong resistance.
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