The Black line on RSI is showing Strength is falling which means prices may fall. There are two support we could expect Nifty to stop on.
If Nifty breaks support of 9023 and finds support on 8958 then we'll get a Bullish Harmonic Pattern with target of 9116.
Expect this harmonic pattern to form successfully.
If Nifty breaks support of 9023 and finds support on 8958 then we'll get a Bullish Harmonic Pattern with target of 9116.
Expect this harmonic pattern to form successfully.