NIFTY bearish divergence

29 Ağu 2018

Nifty has made a bearish divergence with RSI.
Going to initiate a short position once the support of 11710 is broken for a target of 11640 with a stop loss at 11742.

This is a simple analysis just using the indicators and basics of technical analysis.

Thanks,
Rasika

29 Ağu 2018

İşlem aktif

29 Ağu 2018

İşlem aktif

30 Ağu 2018

İşlem aktif

30 Ağu 2018

İşlem kapandı: hedefe ulaştı

KISS principle (Keep It Simple Silly)
Not fancy indicators, no complicated techniques, no gimmicks!

30 Ağu 2018

Not

Bounced exactly at 11639.70