NIFTY BEARISH
NIFTY closing 17043.3 with stoploss 17375 then targets are 16630-16400.
Seling Reason.
1 --> Price break the short term suppot and closing below.
2 --> Also Price close below 200 EMA.
3 --> RSI is break the 40.
4 --> ADX is show the Bearish move and -DMI is rise.
5 --> Bollinger Bands are open in #DOWNSIDE.
Seling Reason.
1 --> Price break the short term suppot and closing below.
2 --> Also Price close below 200 EMA.
3 --> RSI is break the 40.
4 --> ADX is show the Bearish move and -DMI is rise.
5 --> Bollinger Bands are open in #DOWNSIDE.
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