Nifty Short 23rd April 2018

NSE:NIFTY   Nifty 50 Index
On the daily chart it seems like its time for a correction.
- Dojis & narrow range candles with low volumes
- If this is a H&S pattern then perhaps the neckline level is achieved and it is heading for the shoulder
- RSI/Price divergence on 1hr/30min charts
- SL could be above 10700

Ref to my 30min chart dated 23rd April 2018

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.