Nifty50 30mins graph. Bear divergence and a small H&S.
Nifty50 30mins. Technically I seeing strong bearish sentiment.
Reason and Confluences:
1. Theres triangle end
2. there's a small H&S
3. there's a bearish divergence on the rsi.
4. that leaner support looks so weak and can break anytime once it breaks then we can see huge crash ahead.
Overall nifty50 index looks weak and can head down to 10862 in a short period of time.
Reason and Confluences:
1. Theres triangle end
2. there's a small H&S
3. there's a bearish divergence on the rsi.
4. that leaner support looks so weak and can break anytime once it breaks then we can see huge crash ahead.
Overall nifty50 index looks weak and can head down to 10862 in a short period of time.
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