We have a triangle in the 1HR TF which should be a good indicator for long/short during the live market.
1 Bearish indication that I noticed is the weekly TF which shows a bearish divergence.
subhagghosh
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@shaileshyankanchi Bearish Divergences can stay long enough and marker might still go up.
jeevaramanan
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@subhagghosh, some times bearish divergence not happen . That time what we do . ...
Rudved
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Agreed. The divergence has been there for sometime now and I was expecting ATH before another fall due to divergence. But global que may push it down and cause the fall before ATH.
Let's see how the market behaves next few days, the symmetric triangle in 1HR TF is critical.
Manoj_Korrapati
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@shaileshyankanchi, indian market is going up irrespective of global cues TBH
Rudved
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Manoj: Wish it were that simple TBH. All markets and securities are there to go up, we are discussing near term.
cheranthaiyannarayana
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Bank nifty heard my comments exactly hit 37700,😀👍😀👍😀
technicalMind97089
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37550 this level sell is best???
cheranthaiyannarayana
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two hundred more to go and may be double top around 37700 plus