sirlaxmanagarwal

Nifty Weekly analysis 29/10/2018

Education
NSE:NIFTY   Nifty 50 Index
1. RSI Divergence on daily charts suggests reversal in near term.

2.Support seen at 9820 and resistance around 10280 levels.

3. But keep in mind that in last 7 out of 10 years,Nifty gave negative returns in the month of November. So,bounce back should be used as shorting opportunities.


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.