Short term Analysis in Nifty !!! Are We really BullishDivergence In Monthly RSI ..
Reversal Pattern on CandleStick
Jan and Feb will decide if we are bullish for next year ..
Previous alltime high is broken But never had a retest
Though some times its not a mandate to have a retest taking the geopolitical issues and escallation of war in Ukrain i do have a feeling there might be something big in future
Coming to the analysis I believe in RSI Divergence very strongly when it comes to Higher time frame There is not much to explain about the analysis except for the divergence
Geopolitical issues matters the most .. lets see how it goes
i Will be updating this thread for the next 12 months what we can expect every month and the probabilities
Jan 2023
If We are about to see a bear market in future
I'm expecting 18500 to be retested and then forms a bearish candle or might test the high of previous candle and close below 18500
This is an IDEA and Not a suggestion.
I'm not a SEBI analyst, this is purely for educational purpose, not to be traded with out proper financial advise.
SGX Nifty For an IDEA
