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fcsa

Nifty Short 23rd April 2018

Short
Nifty 50 Index (NSE:NIFTY)  
fcsa  
NSE:NIFTY   Nifty 50 Index
Head and Shoulders Elliott Wave nify50
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headandshoulders elliottwaves nify50
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
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