nifty with BB
Updated
nifty is trading choppy not giving a clear directional trade for some time now
last 3 candles suggests a final push towards 9272
BB for the first time since jan. is getting flat suggest range bound movement for some time to come
might see a squeeze between 9040 to 9272
before any big directional move
if the final push happens we are in for a triple top divergence
as long as nifty is inside this range better to avoid index and focus on stocks
because sector rotation is taking place in full swing
nifty is entering into a compression zone
last 3 candles suggests a final push towards 9272
BB for the first time since jan. is getting flat suggest range bound movement for some time to come
might see a squeeze between 9040 to 9272
before any big directional move
if the final push happens we are in for a triple top divergence
as long as nifty is inside this range better to avoid index and focus on stocks
because sector rotation is taking place in full swing
nifty is entering into a compression zone
Note
will nifty push towards higher end of the band???Note
will nifty push towards higher end of the band???Note
Note
interesting times ahead for niftyNote
interesting times ahead for niftyNote
is it going to be a price or time correction in nifty????
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.