Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
follow me on twitter!/lucksr

Wednesday, July 8, 2020

Nifty Defies The Bears

Daily Chart 

A classic Hanging Man candle pattern was formed. This is a reversal signal, but of course, needing confirmation today with Nifty moving lower and closing lower too.

RSI 14 is in the overbought zone making it more reliable if today prices were to move lower.

 Daily Chart 

 Half Hourly Chart 

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Happy Trading !!

Lakshmi Ramachandran

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