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Nifty 50 Index

Nifty50 weekly Bullish Engulfing can we follow or not????

By K_Dyadav
Nifty50 in 1st week Bearish Engulfing but not closed below 24811 & bounce back. In 2nd week Bullish Engulfing but having Trend line Resistance with Negative Divergences on RSI. Upside move will be limited till rate cuts but levels can’t be decided for upside. Now trade with Nifty trend & proper risk management. Happy Trading & thank you.
Chart PatternsTechnical Indicatorsnifty50nifty50analysisnifty50trendniftylevelsniftyoutlookniftypredictionniftytrendniftyviewTrend Analysis
K_Dyadav
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