Nifty 50 Index
Long
Updated

NIFTY 50 : Bullish - Ascending flag detected

197
NIFTY 50 : Bullish - Ascending flag detected

To monitor/
The exponential moving averages 50 (in pink)and the exponential moving average 200(in white)

The market could rise around 25 507 .
But be careful there are divergences with the RSI and the ROC ( Rate Of Change), which gives the speed of the variation of the momentum of an underlying!

So a bearish return is possible around 20 000, then 18 150

Be safe!
Trade active
snapshot

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.