I am a student of the Market. I am studying EW Indicator. So You know that I am not a pro trader. I like to publish my IDEA about NIFTY50. It is a possibility of a Down move in NIFTY50 or Maybe not...!!?
Maybe it will create all time high first before starting downtrend that’s my take 🤙🏻
bmamtora70
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@siddharthpise41, Well I also hope. But you can see in RSI that Bearish Divergence happened on 20th Sep 2021 to 11th Oct 2021 then the market started a down move. So I believe RSI has to give a Bullish Divergence then it can go up for an all-time high. So the current high is a corrective high up to 18968.10.