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raj3elite
Aug 6, 2017 2:38 PM

Nifty Review for Aug 7 

Nifty 50 IndexNSE

Description

EOD Analysis
Trend line Broken on Aug 3rd.
Spot price reversed on Aug 4th.
At Present, Candle Piercing Pattern formed and it is bullish signal.
Status = Bullish as per candle pattern.

60 Mins (1hr) Analysis
We can see the clear picture of breakout and reversal of the spot price.
Will the spot continue the bull run or bear to take control ?
Status = Neutral.

Bull Run (Long) levels to watch
Begin from 10075
Level 1 - 10095
Level 2 - 10120

Bear Control (Short) levels to watch
Begin from 10050
Level 1 - 10020
Level 2 - 10002


Trade active

Bull Run continue.....

Trade active

bull is so struggling to move up... will bull continue or not ??

Comment

still not yet convinced for short side...
Comments
gramacha
Nice Analysis.. Plz keep up the good work ..
raj3elite
@gramacha, thanks... ;-D
sanjoy.bose.it
Very Nice...
raj3elite
@Sanjoy.bose.it, thanks brother...
bearishbull1968
super
raj3elite
@bearishbull1968, thanks sir.... ;-D
anupminj7
wait and watch


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