NIFTY Bearish Harmonic pattern __RSI overbought Hello Everyone,
NIfty Spot 24260 huge upside move on election results and support area of 23200-23400 now there is one hurdle at 24400-24600 also a bearish harmonic pattern with RSI overbought ,
with trendline+ EMA 200 resistance+ Supply zone.
Nifty either needs to paued the trend and cool off/adjust RSI and tak any of fibbo retracement so small corrective move exepected or sideways is good for long.
Niftyresistances
Nifty Level Upadate for Trading | END OF DAY CHART ANALYSIS Nifty Level Upadate for Trading | END OF DAY CHART ANALYSIS
Daily Nifty Levels | End of day Nifty Support & resistance India 2022
Buy Call if sustain above 17210 stoploss - 17185 ( if Closing in 15 candle ) target as per chart
Buy put If nifty below 17185 stoploss - 17210 ( if Closing in 15 candle ) target as per chart
Dont trade before 9:30 ,
make Position Sizing
This information is for educational purposes only