raghavchoudhary2016

NIFTY 50 ANALYSIS ON RBI'S MEETING

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NSE:NIFTY   Indeks Nifty 50
markets fell, indicators supporting!!
rising wedge pattern is formed.
RSI will react in the same way as there previous ones are.
markets will reach its bottom point of its crucial trend line support, and will start moving up the next week. this week's was a crucial point, as FED'S meeting led to fall in our markets, and a further fall due to RBI's announcement. markets will be correcting till the decision comes, hence this two days, markets will reach 16520.
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