NS slowly and steadily crossed the ATH and made new high. This slow & steady rise can be termed as a trending pattern.
Looking at the daily, weekly and monthly time frames NS is heading for 11600 before it makes a sideways move marked
in the daily charts with circles and posted here a few days ago. The stochastic is above 80 and it can give gap ups until
it touches 100 and retreat 100-150 points or make sideways movement with downward bias (the 2nd circle in red). Once
it reaches 11900-1200 area (when the stochastic falls below 80) a correction of 7 to 8% can be a probability.
Looking at the daily, weekly and monthly time frames NS is heading for 11600 before it makes a sideways move marked
in the daily charts with circles and posted here a few days ago. The stochastic is above 80 and it can give gap ups until
it touches 100 and retreat 100-150 points or make sideways movement with downward bias (the 2nd circle in red). Once
it reaches 11900-1200 area (when the stochastic falls below 80) a correction of 7 to 8% can be a probability.
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.