NIFTY 50 Complete technical analysis by Patterns, RSI, MA, BB, Price Action, Wave Theory
Nifty touched second time appx 18890 level.
My opinion: nifty may open gap up on monday & may sustaion 18900 level , will makes star candle. and on monday it will make bearish candle like as today (Three candle pattern i.e Evening star pattern will make). whenever at top makes a BIG candle that means it is reversal singal. and may hit downside 18100/18000 level within comming weeks
RSI is making LL & Price is making HH. this is callled divergance
Nifty touched second time appx 18890 level.
My opinion: nifty may open gap up on monday & may sustaion 18900 level , will makes star candle. and on monday it will make bearish candle like as today (Three candle pattern i.e Evening star pattern will make). whenever at top makes a BIG candle that means it is reversal singal. and may hit downside 18100/18000 level within comming weeks
RSI is making LL & Price is making HH. this is callled divergance