Index is making an inverted cup and handle pattern and can fall to the extent of 5000-5100 levels in the coming months.
MACD is entering into negative territory below 0 line. No semi circle/circle drawing tool to draw in the chart.
Start from 5045 and draw semi circle touching 5658 as middle point to get the inverted cup.
MACD is entering into negative territory below 0 line. No semi circle/circle drawing tool to draw in the chart.
Start from 5045 and draw semi circle touching 5658 as middle point to get the inverted cup.