As of 03/11/21 the market seems to be under control of Bears.
Summary of 03/11/21
The Market dance for 04/11/21
The last 45 Minutes of 3 Nov shows that 04 Nov Diwali will be under the control of bulls.
According to Heikin Ashi Candlesticks, the lower leg has reduced dramatically compared to the previous candlestick.
Stochastic Oscillator shows a clean move of K over D line.
The Crucial Levels for
NIFTY
(04/11/21) is S17736, S17795, CPR17874, R17947, R18011
Which also makes us to come to a conclusion that still Bulls are still on the Game.
Let Diwali brings happiness on your financial lives.
Summary of 03/11/21
- Starting at 9:15AM - 11:00AM, the market went through a lot of struggle to choose the day's trend.
- At 11:15, bears tried to place a engulfing candle against Bulls.
- The 11:30 Candle opened a path way to dungeon, which gave the control of market to Bears for 2hours & 45minutes.
- Finally a Green Strong Bullish candle gets a crucial support @ 17757.95 exactly at the lower band of Donchain Channel.
- This creates a Bullish sentiment & at last Bulls almost got the control of market, but still resulting a -0.33% Drop.
The Market dance for 04/11/21
The last 45 Minutes of 3 Nov shows that 04 Nov Diwali will be under the control of bulls.
According to Heikin Ashi Candlesticks, the lower leg has reduced dramatically compared to the previous candlestick.
Stochastic Oscillator shows a clean move of K over D line.
The Crucial Levels for
NIFTY
(04/11/21) is S17736, S17795, CPR17874, R17947, R18011 Which also makes us to come to a conclusion that still Bulls are still on the Game.
Let Diwali brings happiness on your financial lives.