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stoxway
Nov 22, 2020 2:25 PM

BANKNIFTY DAY CHART FOR 23.11.2020, SEE IN FULL SCREEN MODE. 

Nifty Bank IndexNSE

Description

UNDERSTANDING TRENDS THROUGH SUPPORT AND RESISTANCE.
Comments
AQIL123
There is bearish divergences in 15 minutes chart
stoxway
@AQIL123, PLEASE GO THROUGH THE CHART PROPERLY, YOU WILL KNOW WHAT I AM TRYING TO SAY.
stoxway
@stoxway, I NEVER ANALYSES ANY INDEX ON THE BASIS OF DIVERSION , THOUGH YOU CAN CLEARLY KNOW THE PROBABLE DIRECTION OF THE INDEX FROM MY CHART, BUT I ANALYSED BOTH THE SIDE OF THE INDEX EVERYDAY, CAUSE MARKET MAY TAKE AN UNPRECEDENTED MOVE ANYTIME, LET SEE YOU THOUGHT THAT MARKET MAY GO DOWN TOMORROW BUT IT TAKES AN UPMOVE WHICH IT DOES VERY OFTEN, WHAT WILL YOU DO THEN ,NOTHING CAUSE DUE TO YOUR ANALYSIS YOU SAW MARKET WILL GO DOWN YOU DID NOT ANALYSED THE UPPER SIDE NOW YOU HAVE TO SIT WITH BLANK VIEWS .
SO IT IS ALWAYS GREAT TO HAVE THE BOTH SIDE VIEWS.
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