Nifty Forming H&S pattern
Even though the nifty is showing bullish sign, i would still consider the nifty as bearish due to the MACD negative divergence and the did not give a closure above 50% retracement.
Even though the nifty is showing bullish sign, i would still consider the nifty as bearish due to the MACD negative divergence and the did not give a closure above 50% retracement.
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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.