Hi all,
If you see my previous comment or previous study published on start of month October series..
Already stated bearish Trend start...
1. 16900 will be breached easily.
2. Dollar index increase.
3. Heavy resistance at 17300 level.
4. 16900 will be tested easily.
I am on bearish on nifty 50. By October month end nifty will test 16,000 level.
1. Negative divergence rsi level
2. Bond yield 3 years testing 10Y bond yields.
3. Monthly Heikin ashi Support at 16k.
4. Dollar index breached.
I am bearish on October month, market may reach to 16000 level by October month.
1. Monthly support only visible to 16k.
2. Bond yields 3 years reached to 10 year bond.
3. Decline at 18k level