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virralthakkaar

Bearish pattern on NIFTY

Nifty 50 Index (NSE:NIFTY)  
virralthakkaar  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Technical Indicators NIFTY nifty50 niftyindia niftytrend niftyanalysis niftyoutlook niftyprediction niftyview niftylong
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trendanalysis chartpattern indicator nifty nifty50 niftyindia niftytrend niftyanalysis niftyoutlook niftyprediction niftyview niftylong
NIFTY SPOT Bearish and scary

Scary because it is confusing. Read the following:
Candles are in a downtrend trading very close to the bottom of Bollinger Bands
but
It also looks like a bullish flag pattern

So now that I've successfully confused you, tell me bring in your notice that RSI is diving which will add weight to chances of a bearish move.

Let me confuse you again.
15m charts are side-trended with candles trading at the top of Bollinger Bands

Today will be a strict NoTa (No Trade) for me.
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