Nifty Oil & Gas Index
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Weakness in Nifty Oil and Gas Sector

166
Chart type - Heikin Ashi
Time frame - Daily
Indicator - Guppy Multiple Moving Average

Today we have a Red HA candle with a strong body which shows a countable decline in the momentum. Also a day before we have a doji candle at the top of the uptrend which is a sign of trend reversal. But I wait for the bearish crossover or a strong breakdown of the moving averages.
Nota
Today we have a green HA candle with a weak body.
The price tries to hold its uptrend.

syot kilat

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.