Nifty Bank Index
Long
Updated

STAY BULLISH ? WITH THE ONGOING TREND ?

2 018
ADX ON MOMENTUM
+DI ABOVE ADX
-DI BELOW ADX
RSI MODERATE BULLISH LEVEL

STAY ON WITH THE GOING TREND
NO JUMPING OFF FROM RUNNING TRAIN ??

disclaimer - only observation
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INDEX TOO DIDNT JUMP OFF THE TRAIN
TOOK STOPPAGE (CLOSED) @ THE SUPPORT STATION (TRENDLINE)

WILL THIS TRAIN TAKE A U TURN N GO DOWN TOWARDS KANYA KUMARI OR RUN UP TOWARDS KASHMIR ???
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day started from the support trend line
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in.tradingview.com/chart/kR1vm2JW/

no big moves so far
Note
SMALL HOURLY CANDLES GROWING COMFUSION
OR MAKING A ROOM FOR A HUGE FUTURE MOVE

BREAKING OF SUPPORT LINE = HUGE FALL
SUPPORTING SUPPORT LINE = NEW HIGH
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SMALL ROUNDING PATTERN FORMED
NEXT UPMOVE ABOVE ITS NECK LINE = 29880 LEVEL

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