Hello everyone,
Nifty form Bearish Harmonic reversal pattern spot 23485 can go down till 23200 upcoming election event and us dollar at lifetime high so expecting high volatality.
Hello Everyone,
as posted charts on 29th september,
Banknifty Rejection Candle from Channel Resistance line, RSI negative Divergence, Price is more than 3000/4000 point away from EMA 20& 50____After every trending move Price is reverse to its EMA line___Positional Sideways to small correction can expected.
now its corrected 4000 points and near to 50EMA but...
Nifty 23520 after corrective wave from 24300 to 23500 there is EMA support, Trendline support, RSI oversold and bullish harmonic pattern can bounce as impulsive till 23750,23940,24100
