signal on nifty -ve?
Updated
after yesterday fall getting - ve signal thru MACD and RSI on nifty
last three four days market recovered from initial lows on daily and now the 4h charts are not suggesting the same.
to have a clear short call and clear signal have to wait till 17400 -450 levels
last three four days market recovered from initial lows on daily and now the 4h charts are not suggesting the same.
to have a clear short call and clear signal have to wait till 17400 -450 levels
Trade active
target 17050 SL 17400Comment
Dont buy nifty until it shows sign of pull back from buying zone. it may break and test the 16750 lvl. keep trailing sl 17330-340Comment
target on short side now extended till 16840 -16850 as now buy zone candle body is broken.Comment
close if it touches and comes out of zoneComment
Look for supports @ 16800-16770 if these are broken it will go towards 16200 lvl, small supports @ 16400-414 & 16300 area.
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.