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murthyonline
8 Th03 2018 13:01

NIFTY TREND Giá lên

Nifty 50 IndexNSE

Mô tả

Last message with chart was how the BB and price candle behaves in weekly chart, well in advance, of this correction started from 11172 levels.
Now when we look at the monthly chart (attached) it seems the correction is over and a low is formed. This view can change if any
of the following conditions happens.

1) There must be a monthly close below 9 ema.
2) The MACD signals must cross over.
3) MACD histogram should open below 0.

Unless any of the above happens we can comfortably take it as the correction is over and a low is formed.
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pankaj564
excellent chart !
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