Nifty 50 trend analysis

2023年5月19日

Nifty break down the rising wedge pattern and pullback also completed.
👉In 4hr timeframe , rsi shows negative divergence .
👉And Fibonacci 0.5 % rejection ..
with all the confirmation, nifty will untill 17600 levels .
This is positional view ....
18300 stoploss .
Disclaimer:
Don't blindly follow my levels , apply your technical analysis skill also ...