Nifty future

23 בספט׳ 2022

Just a follow up on the NF chart I posted a short while ago....... After an ABCD........ the waves to the upside are determined by the Advance in Price anywhere between 23.6% which should be the minimum at apprxx 17500-600 zone to 127.2 % which is at 18400 apprxx. I never use any indicators such as RSI/MACD/ STOCH etc, but Today I was compelled to use the RSI Divergence. NOTICE THE READINGS I HAVE MARKED...... IT IS HIGHER THAN IT WAS BEFORE. The PIVOT on hourly basis being at 17650 apprxx