Sachinsyd

$NIFTY at 150% Fib ext shld stop and turn down

Kort
Sachinsyd Uppdaterad   
NSE:NIFTY   Nifty 50 Index
$NIFTY at 150% Fib ext shld stop and turn down
Kommentera:
The gap under 9000 should be filled in coming months at least which also happens to be swing high of Sept 16. Below that is all imp 200DMAs which is rising gradually so the support is dynamic
Kommentera:
RSI looks like making a last hurrah and MACD is already turning negative
Kommentera:
GST going live on 1 July could make the market nervous ! Sell the fact theory comes in play so profit taking should happen over the course of next few months. Sell rallies as long as under ATH on closing basis

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