Falling
TSLA Analysis 4 hour chartTSLA
Sentiment: Bullish
Reasons:
1. Falling Wedge Pattern
2. Decrease in Volume During Pattern Formation
3. Hammer Candlestick at the end of Week long Downtrend
Disclaimer: this is not financial advice I am not your financial advisor. This is just my personal analysis of what I see in the charts
Nifty from 11 June 2020As expected .. market falling in to fill the gap remaining ..macd and rsi will also show falling market if it falls another 20 points ... it will re-bounce after touching the 9450 level. the fib is a custom made for the market..
-> short position can be taken buy selling OTM calls for the next week ...
-> buy only if nifty crosses 10330 level else short each day