Technical Analysis For Nifty Today 12-07-2019 23:00:04
by wealthmann
July 12, 2019
104
In 1 hour chart Nifty price continues to trade at 11546.7 and below the (Exponential Moving Average)EMA200 value of and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our Sell overview conditioned by the price stability below
However, if Nifty continues to trade below level, that could be an extraordinarily Bearish sign for Nifty
Even so, the 200-candle Exponential moving average (EMA) price range of is proving a tough nut to crack.
Pivot (invalidation): 11571.1