Nifty Analysis for 19 May
short covering can be seen up to level 8924
reason-
1.ltp is at crucial support of 8831
2. rsi showing divergence indicating short covering
3. massive sell off on 18 may.Sellers will be little exhausted now.
short covering can be seen up to level 8924
reason-
1.ltp is at crucial support of 8831
2. rsi showing divergence indicating short covering
3. massive sell off on 18 may.Sellers will be little exhausted now.