Hi
As per the current reading of Nifty, we are able to see divergence in MACD as well as in RSI. Its a Negative Divergence.
Yearly pivot comes to around 11680.
High possibility of 5 waves completion from the lows of 9004. So overall "B Wave" got completed. Now "C Wave" Should start.
As per the current reading of Nifty, we are able to see divergence in MACD as well as in RSI. Its a Negative Divergence.
Yearly pivot comes to around 11680.
High possibility of 5 waves completion from the lows of 9004. So overall "B Wave" got completed. Now "C Wave" Should start.
Trade active
10800 touched today...and hereon its sell on rise....hope to see more downside in next series
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.