SGX Nifty Bearish Reversal (RSI Divergence), Price make Lower high where RSI Generate higher high in Day chart.
Stock traded near Fibonacci premium zone, also ejection candle formed. Also we have captured RSI reversal pattern near premium zone it is good indication to predict Reversal earlier Keep your eyes on volume trend indicator to capture big move.
Wait for conformation , RSI is not confirming the any directions. See in chart we have marked strong selling zone and weak buying zone. Currently stocks under presser has many resistance and weak support. We may get break out downside
EicherMotor Strong Order Blocks at 3039 Let us see what happen
Strong Selling Zone When Price comes near 240 to 241 and reversal candle formed sell with stop loss of 244
HDFCBANK Short for tomorrow (21/07/2020). If Brake level 1127 down side in 15 min candle.
Nifty 12050 having trend line support if break than test next support level 11929. As per Oi data market in berish mod.
Bullish breakout in Yesbank. Short term target 48 Rs and long term target is above 62 Rs