#Nifty50 has recently formed bearish engulfing candle right below 78.6% retracement. Also MACD has also formed bearish Peak-Trough divergence which is rare divergence but quite strong. Possible support on the downside comes at 17800-17850 zone and then next at 17550 level. At current scenario, better to remain stock specific and follow strict SL and keep...
#dxy #dollarindex - It shows signs of bottoming out! It trades at 52 week lows , with a positive divergence on both MACD and RSI Indicators. ! Keep a close watch! All the Posts/stocks ideas/view/levels are educational purposes only.