kugan_vel

Auto index looking bearish

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kugan_vel 已更新   
NSE:CNXAUTO   Nifty Auto Index

1. Double top formation is in progress, moving down towards the neckline which would be a strong support. If the neckline is broken, the target would be the bottom of the channel.
2. Day close below 21MA level indicated more bearishness
3. RSI divergence is also observed in the double top
評論:
Double top neckline hit. Watch for breakdown.
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