According to me Nifty is heading to move upward:
1) On daily chart RSI taking a support at 60
2) Weekly RSI above 60
3) Above 20 days Moving average.
4) Open interest data suggest 11300 and11350 calls short covering happening.
Educational tweet..
1) On daily chart RSI taking a support at 60
2) Weekly RSI above 60
3) Above 20 days Moving average.
4) Open interest data suggest 11300 and11350 calls short covering happening.
Educational tweet..
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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.