In continuation of earlier posts, the NS closed below the trend line for the first time today. The 2/5 MA c/o done indicating correction.
The MACD signal is still above 0 and histograms though becoming smaller standing above 0. Now if the MACD signals cross over the
correction can extend to 11254-60 levels. But by looking at the earlier instances the chances for making a green candle tomorrrow and the
5/2 cross over towards the upside negating today's trend reversal possible. This area also indicate the second red circle mentioned
in the daily chart a couple of weeks ago, so this small correction and side ways movement was expected to happen.
The MACD signal is still above 0 and histograms though becoming smaller standing above 0. Now if the MACD signals cross over the
correction can extend to 11254-60 levels. But by looking at the earlier instances the chances for making a green candle tomorrrow and the
5/2 cross over towards the upside negating today's trend reversal possible. This area also indicate the second red circle mentioned
in the daily chart a couple of weeks ago, so this small correction and side ways movement was expected to happen.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.