NIFTY - Analysis
What happened on Friday, was just a dead cat bounce from 200 ema or can also be called a relief rally to the 50 bps hike.
What follows ahead -
Expecting NIFTY to fill the gap on the upside (17327 to 17475) first, then resume it's downward journey towards 16250.
Will post further analysis after 16250.
What happened on Friday, was just a dead cat bounce from 200 ema or can also be called a relief rally to the 50 bps hike.
What follows ahead -
Expecting NIFTY to fill the gap on the upside (17327 to 17475) first, then resume it's downward journey towards 16250.
Will post further analysis after 16250.
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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.
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.