omvats1

Nifty next month,28.02.2023

omvats1 Actualizado   
NSE:NIFTY   Índice Nifty 50
some information-

1. price is at 30 RSI in day
2. daily, weekly, Monthly MACD's facing downwards
3. price is at the low of day and week's bollinger
4. price very near to monthly mid bollinger
5. price crosses below the 2022 opening
6. price crosses below the 2021 closing
7. next yearly support 16750
8. 3 month support at 17100 and 16850

what could be positive?

1. opening of price above monthly mid bollinger
2. opening above supporting trend line
3. higher time frame moving average downward angle's are not very sharp

this is my idea only
Comentarios:
bank nifty formed a monthly Inside candle, also got the support of trend line
Comentarios:
bank nifty still has some support
Comentarios:
price opened above monthly mid bollinger also above trendline, bulls are trying to save this place,
Comentarios:
17531 is the 3 month level, if continue upward 17740 imp
Comentarios:
is this idea working? still few days to go
Comentarios:
idea is still on , h=17800, L-16828, NOW-17081
Comentarios:
close 17359, a monthly doji
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