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Tech View: Nifty forms bullish engulfing candle, index all set to leap towards 16,800 | Economic Times

Tech View: Nifty forms bullish engulfing candle, index all set to leap towards 16,800 https://ift.tt/vNrMBpU daily momentum indicator has been in bullish mode, whereas the hourly momentum indicator developed a positive divergence and started a new cycle on the upside. This suggests that the Nifty50 is set for a leap towards the junction of the swing high and the daily upper Bollinger Band, which is near 16,800,” said Ratnaparkhi.
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