NIFTY50 India Index testing EMA50 - Stock tips and tricks
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NIFTY50 India Index testing EMA50

NIFTY50 India Index testing EMA50

Right now, the NIFTY50 India Index testing EMA50 support line.
In the next days, we will know if the support line will hold or break.
On the D1 timeframe, RSI14 is below 50 line and MACD is showing a bearish signal. But on H1 timeframe, MACD has changed direction, so now I wait for the price to break EMA20 line.
If this happens then I will examine the D1 chart again and wait for a bullish signal.

NIFTY50 India Index testing EMA50 – D1 timeframe

NIFTY50 India testing EMA50

NIFTY50 Index testing EMA50 – H1 timeframe

NIFTY50 India Index testing EMA50

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Bill Kennedy
bk@stockcockpit.com