Nifty 50
15m Chart (Intraday Views)
Uptrend seems to be prominent.
RSI is in the overbought range which means we may correct a little to gain balance before continuing with the uptrend
MACD is giving mixed signals to we will ignore it.
Buy on Dips
1h Charts (Short to Medium Term Views)
Immediate support is at 14750 levels
Immediate resistance is at 15000 levels
RSI looks good as it is holding strong above the 50 levels
MACD is strong as well
Trend study shows that a new uptrend has been initiated
Buy on dips (wait for a dip) for 15000+ levels.
Daily Charts (Medium to Long Term Views)
Doji (bullish) followed by a confirmation candle shows strength
MACD shows signs of reversal towards a bullish zone
RSI has crossed the 50 levels yesterday and may confirm a bullish trend by EOD
Targets may be well over 15150 levels soon.
15m Chart (Intraday Views)
Uptrend seems to be prominent.
RSI is in the overbought range which means we may correct a little to gain balance before continuing with the uptrend
MACD is giving mixed signals to we will ignore it.
Buy on Dips
1h Charts (Short to Medium Term Views)
Immediate support is at 14750 levels
Immediate resistance is at 15000 levels
RSI looks good as it is holding strong above the 50 levels
MACD is strong as well
Trend study shows that a new uptrend has been initiated
Buy on dips (wait for a dip) for 15000+ levels.
Daily Charts (Medium to Long Term Views)
Doji (bullish) followed by a confirmation candle shows strength
MACD shows signs of reversal towards a bullish zone
RSI has crossed the 50 levels yesterday and may confirm a bullish trend by EOD
Targets may be well over 15150 levels soon.