Confusing NIFTY: What Heikin Ashi, Ichimoku Combo Suggests ?

Aug 17, 2017

NIFTY View in Heikin Ashi & Ichimoku perspective & different time frame.

All mentioned on Chart (time frame 4 hour)

NIFTY view as per Heikin Ashi, Ichimoku Combo. Time Frame: 1 hour


NIFTY view as per Heikin Ashi, Ichimoku Combo. Time Frame: 2 hour


Conclusion: Sell on rally, for Target: 9858, 9822, 9792.
Once reached 9792, possibility of bounce / DN trend confirmation.
Upside restricted to 9965 level as strong Supply Zone.

Aug 18, 2017

Note

As mentioned "Sell on rally, for Target: 9858, 9822, 9792"
NF made LOW @ 9821