Nifty case study for the technical trend reversal
Nifty case study for the technical trend reversal
We have now crossed 25900 as well on nifty
We spotted the trend reversal on chart
This is 4-hour chart
Sector on radar shall be NBFCs - BAJAJFINSV
Hammer seen at the bottom
with price and volume action as well
RSI 40 retracement seen as well on 4-hour
Also, one risk factor is that we all hope that the Bihar results are as per exit poll only, else we may see a U turn in market.
Resistance 26000-26100
Support 25800-25850
All this is for information.
This is not a buy/sell recommendation.
Thank you,
Technofunda24
#WatchOutFor#StockInNews

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