TROUBLE COMING FOR INDIAN ECONOMY #NIFTY (LONG TERM PREDICTION)
Hello fellow traders in India, I did TA on NIfty chart and it doesn't look good. Overall the whole price action is constrained within a rising wedge which is a bearish pattern suggesting a major reversal is coming . On the weekly chart i am seeing a Head and Shoulder pattern which really adds to the bearish bias and tell that the top for the uptrend has been made.
Unless we break above the head of this head and shoulder, this analysis will remain active.
Stay safe.
I have charted the top 10 coins of Sensex also. Comment below if you want me to post them as well.
I'll really appreciate if you would leave a like.
Unless we break above the head of this head and shoulder, this analysis will remain active.
Stay safe.
I have charted the top 10 coins of Sensex also. Comment below if you want me to post them as well.
I'll really appreciate if you would leave a like.