In the chart I have marked most important levels for NIFTY50.
I'm expecting a bearish momentum for NIFTY50 in the coming days.
Reasons for bearishness:
1. Strong resistance at 22782
2. Strong support at 21774
3. Buy zone and Sell zone with just 300 points difference
4. RSI going downwards
Hence I feel market is moving downwards in the coming weeks.
I'm expecting a bearish momentum for NIFTY50 in the coming days.
Reasons for bearishness:
1. Strong resistance at 22782
2. Strong support at 21774
3. Buy zone and Sell zone with just 300 points difference
4. RSI going downwards
Hence I feel market is moving downwards in the coming weeks.